Investment Philosophy
We identify opportunities in publicly traded securities that are trading at a discount to our estimate of their underlying value. Over time, equities offer greater appreciation potential than other investments.
We invest with a long term approach in mind. We expect to hold securities for several years and in companies that have
- leading competitive position
- quality management
- expanding product lines and pricing power
- strong balance sheets
We supplement equity investments with high quality fixed income.
| We believe that this value approach limits downside risk while providing for significant upside potential. We emphasize stock selection as opposed to over-diversification with our position sizes ranging between 3-5% of the overall portfolio. |
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