The Selective Process
We believe excellent investment results are achieved through long term ownership of world class businesses, which we call Selective Companies. The way we determine the quality of these companies is through a method we call the Selective Process.
Once a business is identified as a Selective Company, we patiently wait for an opportunity to purchase the company at a discount to its value.
The Six Pillars
of a Selective Company
We look for these six distinct characteristics that a company must possess in order to be considered a Selective Company. Watch the videos below to find out more about each of the six characteristics.
We wait patiently
Once a business meets the Selective Criteria, it is placed on our watchlist.
The price of these Selective Companies are monitored on a daily basis using a proprietary valuation technique that improves upon the traditional discounted cash flow analysis. As prices change in real time, the relative attractiveness of each business is updated. The objective is to establish positions in Selective Companies at a discount to intrinsic value.
What it means for clients
Connected to your investments
As a Selective client, you are invited to quarterly updates on each business that you are invested in. We provide deep insights into what you own and why you own it.
Accountability & Transparency
We provide 5 year projections on how we think each business will perform. Each key metric will be periodically updated to show actuals vs. projections.
Being cautious shouldn't mean expecting less.
By investing in Selective Companies at attractive prices We Believe:
In difficult economic times, Selective Companies provide a margin of safety
Investors gain transparency into the underlying operating performance of each business
Long-term investment results benefit from the strength of these Selective Companies
Selective clients gain confidence in all market conditions
Businesses can be held for long periods of time, improving tax efficient returns
Investors know what they own and why they own it
Connect with Us
Whether its a quick 15-minute meeting, or phone call to discuss your next steps. Conveniently schedule your appointment below.