|
Stages |
Key Points |
| Idea Generation |
Generalist approach by experienced portfolio
managers/analysts. Primarily internally sourced ideas complemented
by select external sources. |
| Research |
Focused effort to develop a comprehensive
understanding of the business, the financial characteristics, capital
structure and management. |
| Buy Decision |
Companies will meet our criteria and must have
the potential to appreciate at 100% over a three-to-five year period. |
| Portfolio Construction and Trading |
Client portfolios will be fully invested and
diversified across industries. |
| Sell Discipline |
Allow successful companies to grow while
controlling portfolio risk. Remove companies that fail to meet our
expectations. |
