Approach

Making decisions based on rigorous quantitative and qualitative research – combined with our best judgment.

Our structure emphasizes full accountability and alignment of interests. To make the most of our intellectual capital, we leverage the unique expertise of each member of our team. We follow a disciplined, forward-thinking approach to managing investments:

Setting Strategic Direction

• Begin with a clear-eyed sense of where we stand today
• Form reasonable expectations about where the markets are likely to be headed
• Assess the market landscape continuously with two questions in mind:
  • Where are risks unusually elevated?
  • Where is return potential unusually high?

Building Strong Portfolios

Owning Complementary Asset Classes

• Recognize that thoughtful security selection is a key driver of long-term performance
• Adhere to a disciplined decision-making process (see an overview of our process)
• Rely heavily on fundamental research
  • Attain first-hand knowledge of companies
  • Use in-house and external analyses
  • Identify positive improvements before Wall Street catches on
• Employ proprietary quantitative analytics
  • Screen stocks based on their potential attractiveness to prioritize research ideas
  • Assess portfolio positioning to understand risk exposure
• Select securities based on:
  • Research
  • Valuation
  • Risk controls