Investment PhilosophyWe believe that earnings growth drives stock performance. The Small and Mid Cap markets can be very inefficient and often contain the fastest growing stocks. Most market participants are burdened with behavioral biases (human nature) that influence their decision making and can cause them to make consistently bad decisions. Investors who can overcome these biases can outperform. Paramount to our success is the disciplined execution of an investment process that is well-defined, represents sound investment principles, has both objective and subjective components, and is repeatable. Our mandate is to stay fully invested and style pure.
As a “growth" manager, we deliberately seek out companies which are growing at higher than normal rates. We believe that faster growing companies outperform the broad market over time. We seek out change. We look for disconnects between conventional wisdom or Wall Street consensus versus the most recent fundamental outlook we can ascertain.