|
We seek out companies that are well managed, as evidenced by sustained high return on invested capital, that are attractively priced. We believe the basic tenets of our long term investment strategy include:
| buy Quality | Seek companies that have a durable comparative advantage, are financially strong, and are managed in shareholders inferst by smart and honest people |
| buy with knowledge | Attain comprehensive understanding of the object companies |
| buy value, not market | Focus on the company - its history, current positioning and long-term prospects - at favorable prices |
| hold for long term | Buy companies that are ‘great becoming greater’ with the aim of holding them indefinitely |
| 