
Group 1 - The article discusses a value investing approach focusing on classical value ratios such as low P/B, P/FCF, Owner Earnings discounting, PEG ratios, and the Graham Number [1] - It emphasizes the importance of tracking earnings growth versus price appreciation as a key element in evaluating investment quality [1] - The author advocates for self-indexing using the Dow Jones Industrial Average combined with Joel Greenblatt's Magic Formula for tax efficiency [1] Group 2 - The author has a beneficial long position in several stocks including ITOCY, BRK.B, MITSY, MARUY, SSUMY, and MSBHF through various financial instruments [2] - The article is based on the author's personal opinions and research, and does not constitute financial advice [2][3] - Seeking Alpha clarifies that past performance is not indicative of future results and that the views expressed may not reflect the platform's overall stance [3]