Fenimore Asset Management was established in 1974 and has over 50 years of experience providing research-driven investment solutions. The firm employs approximately 44 professionals with an investment team of 10, including three industry veterans with more than 30 years of experience. Recent leadership transition includes John Fox's retirement in December 2025 after 30 years, with current leadership under CEO Anne Putnam, Founder & Executive Chairman Tom Putnam, and President Christian Snyder. The firm operates with securities offered through Fenimore Securities, Inc. and advisory services through Fenimore Asset Management, Inc.

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Fenimore Asset Management's investment philosophy centers on identifying select, quality businesses through independent, in-depth research and analysis. The firm conducts comprehensive fieldwork including meetings with management, customers, and suppliers as well as on-site visits. They define risk as permanent loss of capital rather than market volatility and manage this by investing only in quality businesses. The firm adheres to four core criteria: quality business, strong financials, proven management, and margin of safety. They focus exclusively on high-quality businesses with significant free cash flow generation, high profitability, and appropriate debt levels.

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