At Three Mile Research we focus on identifying exceptional businesses trading below their intrinsic value. We achieve this by combining fundamental analysis, market research, and common sense; thus taking advantage of market inefficiencies. Our name is inspired by the infamous Three Mile Island accident, regarded as the most severe nuclear disaster in US history. In 1979, the event triggered widespread panic and a significant shift in public perception towards nuclear energy, despite the fact that no fatalities or serious injuries occurred. This paradox of extreme fear without tangible harm mirrors our investment philosophy of finding undervalued stocks that the market has irrationally discounted due to panic or short-term disruptions.