People often wonder if we don’t pick individual stocks or money managers that can beat the market, what do we do? We believe that there are a number of other things that are more important to managing investment accounts and… Read More >
Investment Philosophy
Our investment philosophy is based on a few guiding principles. Risk and Return are Related. Markets are relatively efficient; to achieve higher returns, one must take more risk. Risk as a Focus. Choice of investments should be based on ability to… Read More >
Investment Grade Corporate Bonds
Fixed income investments are frequently utilized to reduce risk of the overall portfolio. To reduce risk, the investments selected typically have the highest credit quality (AAA) and shorter duration (<5 years). However, particularly for portfolios where taking large equity risk… Read More >
M2 Risk Adjusted Return
Investment professionals deal in risk and return, which under modern finance theory are inextricably linked. An interpretational problem arises, however, from the fact that risk and return are usually expressed on different scales: return is expressed in percent per year,… Read More >