Our Investment Process

We follow the same disciplined investment process for each of our strategies.

  • Screen
    We use a proprietary computer model to identify the deepest value portion of the investment universe, which becomes the focus of our research efforts.
  • Research
    We conduct intensive fundamental research to understand the earnings power of the business, the obstacles it faces, and its plans for recovery.
  • Team investment decision
    A three-person portfolio management team makes the final decisions for each strategy. We build portfolios without regard to benchmarks.
  • Ongoing evaluation
    We continuously monitor each investment to assess new information.
  • Sell
    We sell a security when it reaches the midpoint of our proprietary screening model which we judge to be “fair value.”
our-investment-process