Portfolio Overview

Our portfolio is the sum of our best investment ideas and strongest convictions

Characteristics

  • Invested in the common stock of established companies traded on U.S. exchanges
  • Constructed of securities we believe are inexpensive relative to earnings power
  • Will generally hold 20 to 40 securities
  • Long term focus; moderate turnover
  • Cash is a residual of our investment process; it is not held as a strategic position
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