Approach

Our approach consists of owning a limited number of individually selected good to high-quality securities at attractive prices. Included are common stocks and fixed-income securities with limited exposure to alternative investments.

We The fees associated with these products hamper net investment return.

We do not buy mutual funds for client portfolios, nor do we utilize pre-packaged model portfolios. We do not believe that asset allocation and over-diversification produce superior long-term returns. Instead, we seek to achieve a superior total return through capital appreciation and dividend and interest income.

Our experience has shown that portfolio returns can be enhanced over time through the ownership of a limited number of investments and building share count in good and high-quality American businesses.

We are serious long-term investors and do not speculate or engage in market timing.