Effective September 8, 2026
What this publication is
Behavioral Value Investor is the personal educational publication of Gary Mishuris. It is separate from Silver Ring Value Partners and its funds. Nothing here is an offer of or solicitation for any Silver Ring fund or advisory service, is investment advice, or is a recommendation to buy or sell any security. Content is educational: general process and frameworks, not Silver Ring's current holdings or trades.
No stock tips, no recommendations, and no discussion of Silver Ring's current holdings or trades. Educational only.
Not investment advice
Nothing published here is investment, legal, tax, or accounting advice. Reading this publication, buying a subscription, or using any tool sold here does not create an advisory relationship, a fiduciary duty, or a client relationship of any kind.
Behavioral Value Investor is not a registered investment adviser, broker-dealer, or research firm. Gary Mishuris is a registered investment adviser representative through Silver Ring Value Partners, and that role is separate from this publication.
Nothing here is tailored to your circumstances. You are responsible for your own decisions, including whether to consult a professional who knows your situation.
No offer or solicitation
Nothing on this site or in this newsletter is an offer to sell, or a solicitation of an offer to buy, any security, fund interest, or advisory service. Any offer of a Silver Ring fund is made only through that fund's own offering documents, to eligible investors, and never here.
Securities discussed
Where a security is named, it is named to illustrate a process, a framework, or a mistake. It is not a recommendation. Any name discussed is historical, stale, public, or anonymized, subject to a 12-month cooling-off period on anything researched or held at Silver Ring.
Gary Mishuris, Silver Ring Value Partners, its funds, and their respective clients and affiliates may hold, buy, or sell any security mentioned, at any time, without notice and without updating anything published here.
No performance claims
Nothing here claims or implies any investment return. Past performance does not predict future results. Any figure, valuation, scenario, or estimate is an illustration, not a forecast, and it may be wrong.
Accuracy and updates
Content is prepared from sources believed reliable, without a guarantee of accuracy or completeness. Opinions are current as of the date written and change without notice. There is no general duty to revise older material after publication. The stated correction policy for factual errors in paid resources still applies.
AI-assisted tools
Some materials sold or given away here are workflows, prompts, and software that run on third-party AI systems. AI output is frequently wrong, including wrong in ways that read as confident and specific. Every output is a starting point for your own work, never a conclusion. Verify every figure and every claim against primary sources before you rely on it. You are responsible for anything you do with an output.
These tools depend on third-party services that can change, degrade, or stop working. Nothing here guarantees that any tool will keep functioning.
Compensation
No one pays to be covered, mentioned, or recommended here. There are no sponsored posts, no paid placements, and no affiliate commissions. If that ever changes, it will be disclosed in the piece itself and on this page.
Testimonials
Testimonials on this site describe the writing, the tools, and the educational materials. They do not describe investment results, and they are not testimonials about Silver Ring Value Partners or any advisory service.
No cash or non-cash compensation was paid for any testimonial. Each provider gave written permission for their words and title to be used. Where a provider is also a Silver Ring client or investor, that fact is stated alongside their testimonial.
Third-party links and services
Links to other sites and services are for convenience. Their content, security, and privacy practices are theirs, not ours.
Where this applies
This publication is written from the United States and is not directed at anyone in a jurisdiction where publishing or accessing it would be unlawful. If that describes you, do not use it.