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Investment Philosophy

Investing constraints often impose artificial barriers.

Long-term focus is critical, but solid long-term performance is built cumulatively from consistently good short-term performance.

We each have 25-plus years of experience, teaching us to be humble, while the markets require us to be nimble.

The growth in passive investing and resultant cuts in sell- and buy-side research budgets have increased market inefficiencies driving future alpha opportunities.

Excessive fees erode returns; we generally charge 1% in arrears on total invested assets.