Learning from Superinvestors: The Wisdom of Tom Russo

Tom Russo on the First Factor to Look at when Analyzing a Company

Thomas A. Russo (transcript): “Well for me it would be the people.  It would be who owns it and then it would be kind of who runs it, what’s the quality of the management team—it’s very much people driven analysis.  On the ownership side is if there is a strong holder who is likeminded in their long-term outlook I would find that to be a very early positive indicator that justifies setting out to do more work.  If I found on that first test that there was something about the management that left me feeling it was opportunistic or short term driven I probably won’t embark on the analysis that follows.  Threshold screening would be caliber of owners and then the management that follows.”