Goal |
Long Term : Seeks long-term capital appreciation by investing in
top quality stocks of companies with a dominant or significant nitch in their
industries. The key here is to seek companies with steady earnings growth and
potential to do even better as economic trends favor them long-term. |
Target Gains |
We would expect returns of 15% or more on a compounded average
annual basis through a complete bull and bear cycle. |
Stock Selection |
High quality names would dominate the list. They would be stocks
with good earnings stability and growth. However, we would be on the look out
for new emerging leaders in new growth industries. |
Time Horizon |
Buying and Selling would be geared for the long-term, say at least
two years. However, we may take some initial short-term profits if appropriate.
The idea here is to hold as long as a company' outlook for earnings and
development of its business remains good. We would attempt to contain selling
stocks and sit through some market corrections. However, if a bear market would
be in the offing, we would consider hedging the portfolio in a conservative
way. |
Strategy |
Low turnover is the goal and a consideration of one's portfolio for
tax purposes is also taken into account. The idea is to "sit" with the best
stocks as long as they are working. We are willing to be patient and not chase.
Companies that show consistent growth of say even 15% for several years can
often double, triple or make significant gains. |
Portfolio Suitability |
Excellent for investors concerned about taxes and seeking to hold
for long-term. Also, good for IRA accounts. |