Jay A. Fishman, Ltd. analyzes securities through a fundamental approach based on primary and secondary sources. Securities are thoroughly researched and selected to conform with the client's investment objectives.
Concentration is placed on good to high-quality securities with durations in the intermediate to longer-term time horizons. We view quality as a bolstered balance sheet, producing strong free cash flow and debt at a reasonable and sustainable level as a means for growth.
We will analyze historical operating records, profit margins, rates of return on shareholder's equity, quality of management, and visibility for superior growth of sales, earnings and dividends.
No emphasis is placed on technical analysis and charting.
The goal of the preceding selection process is to emphasize the ownership of a limited number of quality securities that possess the potential to sustain certain growth levels and translate this growth to portfolio growth over a two to five-year period of time.