Ariel Investments was started on the basic principle of targeting undervalued companies that show a strong potential for growth. Twenty-nine years after our founding by John W. Rogers Jr., we still have the same chief investment officer and employ the same disciplined investment philosophy. Over the decades, our accumulated experience has reinforced that taking a patient view, following a focused approach and being surrounded by a team of independent thinkers is instrumental to long-term success. We wholeheartedly believe this is a winning strategy, so much so that every Ariel employee is personally invested in the firm not only through our mutual funds, but also through equity ownership stakes - clearly aligning our interests with those of our valued clients and shareholders.