Investment Principles

John D. Doughty, Director of Research

The principles which formed our investment decisions at the firm’s founding in 1978, and continue to guide us as we manage your assets today, include:

• an independent and rigorous investment research process

• active and disciplined management of your individual portfolio

• commitment to high quality, publicly traded companies with track records of creating shareholder value

• active dialogue with you in the form of economic and capital market commentary, portfolio activity updates, and face-to-face meetings