Privacy Policy

Your privacy is very important to us. At Granite Research, we have a few fundamental principles that we follow:

  • We don’t ask you for personal information unless we truly need it. (We can’t stand services that ask you for things like your gender or income level for no apparent reason.)
  • We may share your personal information with issuers which sponsor investment research presented on this website and vendors with which they maintain commercial relationships, such as investor relations or public relations. Other than sharing with these parties, we don’t share your personal information with anyone except to comply with the law, develop our products, or protect our rights.
  • We don’t store personal information on our servers unless required for the ongoing operation of our site.

Granite Research is a wholly owned subsidiary of Global Value Investment Corp. (“GVIC”). Granite Research produces and distributes company-sponsored investment research and analysis. In addition to, GVIC also operations GVIC respects your privacy regarding any information that may be collected while visiting its websites.

Website Visitors

Like most website operators, GVIC collects non-personally identifiable information of the sort that web browsers and servers typically make available, such as the browser type, language preference, referring site, and the date and time of each visitor request. GVIC’s purpose in collecting non-personally identifiable information is to better understand how visitors use its websites. From time to time, GVIC may release non-personally identifiable information in the aggregate, e.g., by publishing a report on trends in the usage of its website.

GVIC collects potentially personally identifiable information like Internet Protocol (IP) addresses for logged in users and for users leaving comments on its websites. GVIC only discloses logged in user and commenter IP addresses under the same circumstances that it uses and discloses personally identifying information as described below, except that blog commenter IP addresses are visible and disclosed to the administrators of the blog where the comment was left.

Gathering of Personally-Identifying Information

Certain visitors to GVIC’s websites choose to interact with GVIC in ways that require GVIC to gather personally identifiable information. The amount and type of information that GVIC gathers depend on the nature of the interaction. For example, visitors are asked to provide a name, company name, email address, and investor type in order to gain access to certain website contents and for purposes of future distribution of information, if so desired. In each case, GVIC collects such information only insofar as is necessary or appropriate to fulfill the purpose of the visitor’s interaction with GVIC. GVIC does not disclose personally identifiable information other than as described below. Visitors may refuse to supply such information, although failure to supply information may restrict a visitor’s access to website contents.

Aggregated Statistics

GVIC may collect statistics about the behavior of visitors to its websites and may display this information publicly or provide it to others. However, GVIC does not disclose personally identifiable information other than as described below.

Protection of Certain Personally Identifiable Information

GVIC discloses potentially personally identifiable and personally identifiable information only to those of its employees, contractors, customers, affiliates of its customers, and other affiliated organizations that (i) need to know that information in order to process it on GVIC’s behalf or to provide services available at GVIC’s websites, and (ii) that have agreed not to disclose it to others. Some of those employees, contractors, customers, affiliates of its customers, and other affiliated organizations may be located outside of your home country; by using GVIC’s websites, you consent to the transfer of such information to them. GVIC will not rent or sell potentially personally identifiable and personally identifiable information to anyone. Other than to its employees, contractors, customers, affiliates of its customers, and other affiliated organizations, as described above, GVIC discloses potentially personally identifiable and personally identifiable information only in response to a subpoena, court order, or other governmental requests, or when GVIC believes in good faith that disclosure is reasonably necessary to protect the property or rights of GVIC, third parties or the public at large. If you are a registered user of an GVIC website and have supplied your email address, GVIC may occasionally send you email communications. GVIC takes all measures reasonably necessary to protect against the unauthorized access, use, alteration, or destruction of potentially personally identifiable and personally identifiable information.


A cookie is a string of information that a website stores on a visitor’s computer and that the visitor’s browser provides to the website each time the visitor returns. GVIC uses cookies to help GVIC identify and track visitors, their usage of GVIC websites, and their website access preferences. When someone visits our websites, we may use a third-party service to collect standard internet log information and details of visitor behavior patterns.

Visitors who do not wish to have cookies placed on their computers should set their browsers to refuse cookies before using GVIC’s websites, with the drawback that certain features of GVIC’s websites may not function properly without the aid of cookies.

Business Transfers

If GVIC or substantially all of its assets were acquired, or in the unlikely event that GVIC goes out of business or enters bankruptcy, user information may be transferred to or acquired by a third party. You acknowledge that such transfers may occur and that any acquirer of GVIC may continue to use your personal information as outlined in this policy.


Ads appearing on any of our websites may be delivered to users by advertising partners, who may set cookies. These cookies allow the ad server to recognize your computer each time they send you an online advertisement to compile information about you or others who use your computer. This information allows ad networks to, among other things, deliver targeted advertisements that they believe will be of most interest to you. This privacy policy covers the use of cookies by GVIC and does not cover the use of cookies by any advertisers.

Privacy Policy Inquiries – Data Removal

Inquiries concerning your data, its use by GVIC, this privacy policy, or have your data removed, please contact Granite Research by email at, and we will respond to you directly.

Privacy Policy Changes

Although most changes are likely to be minor, GVIC may change its privacy policy from time to time, and at GVIC’s sole discretion. GVIC encourages visitors to frequently check this page for any changes to its privacy policy. Your continued use of this site after any change in this privacy policy will constitute your acceptance of such change.