Our Investment Approach
disciplined and time-tested
Our proven formula for creating and preserving wealth is disciplined and time-tested. Our guiding principle is our belief that the market is inefficient. Accepting that notion, we treat investment management as a craft that consists of equal parts art and science. We employ a research-driven, bottom-up stock selection approach with a forward-looking view of the global economy. Making equity investments for any of our Canadian or Global, Core, Value and Growth strategies involves the careful screening of thousands of businesses in a search for those that demonstrate strong fundamentals characterized by financial strength, experienced management, product quality, market access and are mispriced in the capital markets.
- Own great businesses – Look for companies with a sustainable competitive advantage, a good balance sheet and strong, competent management teams.
- Due diligence on security selection – Adhere to a rigorous, research-driven investment process.
- Disciplined buy and sell processes – Base decisions to buy or sell on sound criteria and solid business fundamentals.
- Be patient – Make investment decisions based on the long-term prospects for specific businesses, not the short-term fluctuations of the stock market.