The End of Nautilus
This week marked the conclusion of an investment initiated nearly five years ago. Nautilus is a local company based in Vancouver, WA that has seen tremendous success, been on the brink of bankruptcy, and now has returned to a measure of prosperity. My initial investment thesis finally proved correct, but it took a few years longer than I’d anticipated. All in all it was a profitable position and demonstrated that fundamental analysis and patience is still a viable philosophy. For more information read what the Oregonian had to say following Monday’s conference call here.