Experience and Results

With over 25 years of investment experience, we have helped our clients navigate a wide variety of market environments.  During that time, we have come to believe that anomalies exist in the markets for small- and mid-cap value equities, which may allow patient investors to experience risk-adjusted returns that outperform the market over a full market cycle.  We attempt to capitalize on these anomalies by building a portfolio of high-quality companies which deliver high returns on invested capital sustained through strong, durable competitive advantages.