Strategy
Investment Approach
- Focus on companies with double-digit earnings and cash flow growth - emphasize sustainable growth, not momentum growth.
- Integrate fundamental research - seek high-quality earnings, strong free cash flow growth, and seasoned management teams with a demonstrated history of thoughtful capital allocation.
- Capitalize on differences between cyclical and secular growth - essential to successful growth investing.
- Avoid overpaying for growth, while broadly diversifying portfolios, to manage portfolio risk.
- Integrate non-U.S. stocks in a measured fashion to add value versus the benchmarks.
Risks
Typical Investor
For investors seeking to build capital over the long term who can accept the price fluctuations inherent in common stock investing.