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Quote Of The Day – Friday, April 17, 2015

Apr. 17, 2015 6:30 AM ET
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

We are ideology-free. Does it work? If it works, let's try it. If it's fine, let's continue it. If it doesn't work, toss it out, try another one.

- Lee Kuan Yew

Continue the conversation at Sifting the World.

Analyst's Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Chris DeMuth Jr is a portfolio manager at Rangeley Capital. Rangeley invests with a margin of safety by buying securities at deep discounts to their intrinsic value and unlocking that value through corporate events. In order to maximize total returns for our investors, we reserve the right to make investment decisions regarding any security without further notification except where such notification is required by law.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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