Our investment philosophy is to own good businesses at attractive valuations.
We follow a fundamental investment process to evaluate the intrinsic value of a
company based on the future relevancy of the company's products or services,
sustainable competitive advantages and management.
The primary source of risk management is at the individual security level.
This includes a detailed analysis of the probability of permanent loss of
capital and a rigorous fundamental investment process.
We will sell out of positions based on quantitative and qualitative metrics.