Style of Picks

Value strategy

Low EV/EBITDA

Rank on cheapest enterprise-value-to-EBITDA — a valuation lens that's neutral to debt load and accounting choices, the way acquirers themselves value a business.

1–2 years per holdingIntermediate

Modern value/M&A practice — foundational to enterprise-value-based valuation (corporate finance and private-equity/LBO methodology); closely related to Joel Greenblatt's EV/EBIT in the Magic Formula