Milestone Asset Management is an independent value investing specialist based in Tokyo.

Milestone aims to buy financial productivity for much less than it is worth; it requires a fat `margin of safety` in any investment; it is guided by a value philosophy which emphasizes minimization of the risk of a permanent loss of capital.

Milestone is a discretionary asset management company for qualified investors registered with the FSA (Registration No. : Kanto Financial Bureau 1064) (Member of the Japan Investment Advisors Association, membership no. 012-02093).