Lifestyle and media company Gaiam, Inc. (GAIA, Financial), which we owned previously in our micro-cap strategy, recent sold off enough to make it, in our eyes, a bargain. Gaiam’s strong brand in yoga and fitness, its media library of more than 6,000 exclusive titles, and its distribution network of more than 38,000 retail locations are all valuable assets. Strong and incentivized leadership plus an attractive valuation were additional key factors in our purchase.
From John Rogers (Trades, Portfolio)' Ariel Discovery Fund portfolio snapshot third quarter 2015.
