Since our founding in 1983, much has changed in the investment world, but a clear mission has consistently defined who we are and what we do.

Our patient investment philosophy

We use the market's short-term focus to uncover mispriced companies whose true value will be realized over time.

Our focus

We began as a small- and mid-cap value manager, and evolved strategically to offer three approaches - all of which seek out attractive intrinsic value through relatively concentrated portfolios.

Our culture of learning

Intensive fundamental research is essential to our proprietary investment processes. We also value the importance of learning in a broader context and are committed to promoting education and financial literacy.