Independent Research as Cornerstone of Investment Approach
- We believe that independent fundamental research is the best way to help achieve the long-term financial goals of our shareholders. In conducting our own research, we draw upon diverse sources to understand as much as we can about an investment in order to evaluate the factors that we believe will determine its success. We talk to company management, competitors, suppliers, distributors, and other industry sources. Our proprietary research and financial models are designed to identify attractive investments early—to find and act on key information about companies and securities before it is widely known in the market. For example, our equity research analysts thrive on identifying companies they believe have potentially groundbreaking products or are positioned to take advantage of an emerging trend that may lead to earnings growth, improvement in financial quality or increase in valuation.
- Once we have thoroughly analyzed a security, we closely scrutinize it for both its merits as a specific investment and its role in the overall portfolio. As part of this process, we analyze the risk relative to the investment opportunity, always seeking to maximize returns without taking unnecessary risk.
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