Profits, profits, profits!
We seek superior results in high alpha, difficult-to-trade strategies across the globe.
We use a systematic
yet straightforward approach.
We seek clarity in the complex picture of the equity markets.
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Balanced
Our investment decisions harmonize classical security analysis and systematic techniques; fundamental depth and quant-enabled breadth; and, a combination of value and quality and momentum and sentiment.
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Beyond the numbers
We exploit techniques from outside the financial realm to capture below-the-surface information — revealing what’s (un)intentionally hidden.
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Built with experience
An investment can be right and still be risky. Leaning skeptically on optimizers and heavily on insight and common sense, we choose where to diversify and what to avoid to minimize uncompensated risks.
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Bottom-line focused
We know transaction costs — the ultimate cost of implementing any investment strategy — are higher and more hidden than generally perceived. Controlling the “implementation shortfall” is key to holding equity-market profits.
We focus on four well-known equity market anomalies:
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Value
Price-driven measures using the balance sheet, cash flow, and income statements underpin relative valuation.
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Quality
Demonstrations of growth, efficiency, consistency and stability indicate the likelihood of continued operating strength.
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Momentum
Price momentum is the quantitative equivalent of “Don’t fight the tape.”
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Sentiment
The actions of targeted market participants reflect and drive changes in market perspectives and prices.
