Mellody Hobson, co-CEO of Ariel Investments, is known for her **value investing** approach and **long-term perspective. Here are some key principles that guide her investment strategy:

1. **Value Investing**: Hobson focuses on investing in assets that are undervalued by the market. Ariel Investments looks for public companies trading at about a 40% discount to their private market value.

2. **Long-Term Perspective**: Hobson emphasizes the importance of patience and a long-term outlook. She believes in the power of time and compounding returns.

3. **Discipline**: Hobson advocates for a disciplined approach to investing, avoiding impulsive decisions based on short-term market fluctuations .

4. **Financial Literacy**: Hobson is a strong proponent of financial education and literacy, encouraging people to understand and take control of their financial futures.

5. **Diversification**: Ariel Investments diversifies its portfolio across small-cap and international stocks, seeking value across the entire stock market.

6. **Active Patience**: Hobson describes her approach as “active patience,” meaning staying invested and patient while actively managing the portfolio.

Hobson’s principles have helped her build a successful career and transform Ariel Investments into a firm with billions in assets under management. Do any of these principles resonate with you or align with your own investment philosophy?