Seeks total return through growth of capital and current income
Begin with all US denominated stocks greater than $5 billion, including ADRs.
Averages more than 20 years of experience
Lead portfolio manager in place since August 1999
Searches for opportunities others have overlooked
We believe longer-term investors can take advantage of pricing anomalies in financial markets by purchasing stocks of companies that are currently underpriced. Our goal is to exploit these market inefficiencies by investing in companies that appear undervalued relative to the market in general. We believe the market will recognize the value in these companies and will sell them as their stock price begins to reflect their intrinsic value. Although we are benchmark agnostic, we feel that stock picking, as compared to making sector bets, provides a more consistent path to success.
Our disciplined investment process focuses on identifying candidates, fundamental security analysis and stock selection.
Step 1: Distilling the universe
All US denominated stocks and ADRs greater > $5 billion