We construct client portfolios consisting of “best ideas”. We provide advice on individual stocks, bonds, separately managed accounts, as well as mutual funds and ETFs. We often individually purchase fixed income securities such as municipal or taxable bonds rather than through mutual funds. We also recommend alternative investments such as real estate, oil and gas, equipment leasing, and business development companies.
We are mindful of managing risk by focusing on preservation of capital and investing with a margin of safety. In other words, while searching for a good investment idea at the right price, we are patient and willing to hold cash.