Our Guiding Principles: Patience and Discipline
The level of due diligence we perform in screening portfolio managers is virtually unprecedented in our industry. Our high standards required that, in addition to using independent resources, we develop a proprietary process for selecting managers. Not only does the process we engineered differ significantly from those of other Advisors’ firms, it has proven extraordinarily effective.
We now use our own specially-designed filters to track potential portfolio managers on a quarterly basis. We conduct a detailed background analysis and interview most managers personally. This equips us to identify those managers, portfolios and funds that exhibit consistent performance over the long term. The result is the promise that we actively monitor, review and protect your interests. We don’t try to time the market, reverse direction quickly or shift unexpectedly from our initial recommendations. Experience has amply demonstrated that complex solutions and overactive trading can disrupt well-crafted plans and limit future opportunities. As is often the case, quick fixes for short-term success fall short of expectations. It is a measure of both our expertise and our commitment to our clients that our own personal portfolios include many of the same investments we recommend to clients.
Over time, we reduce overexposure in one area and maximize the benefits diversification affords. We purposely select assets that hold greater long-term potential and are well worth the patience this time horizon requires.
