To download a PDF of this report, click here.
As value investors who operate with a long investment time horizon, one of the most important characteristics we look for when selecting stocks for the Castle Focus Fund is a... read more →
December 19, 2013 To download a PDF of this report, click here.
We have completed the sale of Paychex Corp. (PAYX) from the Fund’s portfolio at an average sales price of $41.04 per share. As with many of our holdings we gradually... read more →
During the second week of July we closed our long suffering position in Exelon. Our fundamental investment thesis on Exelon centered on the power generating company’s leverage to increased industrial... read more →
The most controllable determinants of investment returns are the level of valuation at which investors choose to initiate their investment and the level of valuation at which they choose to... read more →