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Inherent in our approach is the belief that the market price of a security does not necessarily indicate its true economic value.

Our analysts identify and research companies with solid balance sheets, the ability to generate significant amounts of free cash flow; and yet are misunderstood, neglected, or just out-of-favor with Wall Street.

We have followed this investment philosophy since our inception over 35 years ago in order to meet our goal of providing risk adjusted returns greater than the general market. We are proud of the long-term performance results that we have realized for our clients.