What characterizes or best describes your investment programs?

“Our investment philosophy, our process, is built on two things—courage and patience. We’ve maintained the courage to stick to what we do best even if we are going to lose clients. Patience also is critical to investing. We buy companies with a three- to five-year evaluation horizon, so we’ve learned to be patient, even when there’s so much noise on Wall Street.”  Walt Pearson, Managing Director and Senior Portfolio Manager