Our mission is the discovery of materially mis-priced securities. We are stock pickers. We believe equity markets are inherently inefficient and afford the studious investor the opportunity to generate above market returns. Market based valuation is akin to a popularity contest. The vast majority of investors want to own what is popular and will pay handsomely for that privilege. The result is cheap stocks tend to be misunderstood, neglected or unpopular - but not everything that is misunderstood, neglected or unpopular turns out to be cheap. The creative aspect of what we do revolves around this differentiation; we spend a lot of time trying to see in a stock what the market might be missing. Our contrarian, fundamental value philosophy is at the core of everything we do and data analytics is at our heart. Arowana CVF is a listed investment company quoted on the Australasian stock exchange under the ticker CVF.