Highly experienced portfolio managers who provided tailored advice.
Founded in 1947 and led by Marvin Schwartz, we are dedicated to building client wealth through investments in undervalued equities. With 200+ years of investment experience, we focus on fundamentals and intrinsic value.
Our Philosophy & Process
Our investment process is a disciplined and focused approach that seeks attractive businesses selling at discounts to intrinsic value. We invest in businesses with superior and sustainable financial attributes, pricing power, recurring revenue, significant free cash flow generation and low leverage with shareholder-focused management teams. We favor companies which are adapting new digital technology to enhance customer experiences with visible catalysts that are positioned to generate outsized returns.
We have a passion for investing and endeavor to deliver attractive long-term compounded returns with a focus on tax efficiency and risk mitigation. Our investment process relies heavily on proprietary research and meetings with company management.
Assets Under Management
Years Average Industry Experience
Senior Investment Professionals
Meet the team
1 As of September 30, 2023
This material is intended as a broad overview of the portfolio managers' current style, philosophy and process. This material is presented solely for informational purposes and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. Information is obtained from sources deemed reliable, but there is no representation or warranty as to its accuracy, completeness or reliability. All information is current as of the date of this material and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Third-party economic or market estimates discussed herein may or may not be realized and no opinion or representation is being given regarding such estimates. Certain products and services may not be available in all jurisdictions or to all client types. Investing entails risks, including possible loss of principal.
Firm history includes the history of all firm subsidiaries, including predecessor entities. Investment professionals referenced include portfolio managers, research analysts/associates, traders, and product specialists and team dedicated economists/strategists.