A DIFFERENT INVESTMENT PHILOSOPHY
Common Sense Analysis
Companies capable of growing earnings regardless of economic circumstances are more likely to reward patient shareholders. To perform well over a complete market cycle, companies should demonstrate:
- Consistent growth in earnings, revenues and cash flow through any economic environment.
- Consistent dividend growth as a result of earnings, revenue, and cash flow growth, if dividends are paid.
- Uniqueness, dominance, or competitive advantage.
- Consistency in and depth of management.
