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.