ACR Alpine Capital Research is a fundamental valuation-based asset management firm whose mission is to protect and maximize investors' purchasing power. Our investment philosophy is rooted in principles essential for successfully evaluating fundamental value and risk. Valuation excellence, evidenced in our long-term performance record, requires the right investment principles and analytical framework, plus the discipline and capacity to execute. ACR was founded in 1999 by Nicholas Tompras, author of our investment principles and developer of our core investment strategy and research process. Our success today is built on the strength and knowledge of our investment professionals, who consistently work to achieve research and valuation excellence.