We regard ourselves as stock scientists, always scratching beneath the surface, mining data and running studies in seeking to identify the common threads of top performing stocks. We have always felt that, in order to manage money successfully, first and foremost, you have to be a good analyst. In our view, the two functions are inseparable.
INVESTING ON FACTS
The vast majority of managers employ a fundamental investment process which involves opinionated decision-making. This has led to widespread underperformance in the fund industry. Fully aware of the deficiencies of the fundamental approach, the Adviser sought to create a quantitative approach to manage his first fund in 1978. Our never-ending research aims at developing other value-added quantitative disciplines.