Our Philosophy
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We identify and invest in high quality securities trading at attractive prices. Over time this strategy has generated superior risk-adjusted returns relative to our benchmarks and the broader market. Common sense and business acumen are combined with a disciplined approach to stock selection. We rely exclusively on our own research. We identify companies that have demonstrated the ability to perform well regardless of industry conditions, cyclical trends, or volatility in the economy or market. Lastly, after we buy the companies, we patiently wait for them to reach fair value.
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Our most effective way of managing risk is by buying great companies that have a history of superior returns on capital, prudent use of debt and have a business model or exist in an industry that has a competitive advantage.
"Stocks on our Buy List are selected and continually evaluated according to fundamental screening, rigorous financial and accounting analysis and subjective qualitative analysis." |
