Investment Philosophy

Investment Objective

The Partnership’s objective is to achieve superior capital appreciation over the medium- to long-term.

Investment Strategy

The Partnership’s objective is to achieve superior capital appreciation by investing in relatively attractive stocks primarily found in five categories: small- and medium-sized growth companies, companies whose prospects are improving, depressed cyclicals, high yielding and growing dividend payers, and companies where the market has overlooked or underestimated the real value of the firm’s assets. At some point in the future, foreign stocks could represent a substantial portion of the Partnership’s portfolio.

Where the market has overlooked an asset's return potential, such that the asset is trading at a significant discount, the Partnership may also invest in debt securities, options, derivatives, and private equity placements. In addition, where the market has significantly overestimated a assets value, the Partnership may enter into short positions.