Horizon Kinetics is an independent investment management firm known for its value-oriented and research-driven approach. Founded in 1994 and headquartered in New York City ([[United States of America (USA)]]), they manage a variety of investment strategies, including mutual funds and [[ETF]]s, focused on identifying undervalued assets with long-term growth potential. Horizon Kinetics emphasizes fundamental analysis and often invests in less conventional areas like natural resources, infrastructure, and real estate. They are recognized for their in-depth research and contrarian investment philosophy, seeking out opportunities that are often overlooked by the broader market.