Independent due diligence. We seek to uncover fundamentally sound businesses at attractive values through a comprehensive evaluation of their industry growth prospects, competitive position, management experience and incentives, and financial standing. Only those companies meeting our designated criteria pass to the next level of our process.

Thorough financial and valuation analysis. Synthesizing the qualitative and quantitative factors from our research into standard formats allows us to objectively measure a company’s fundamentals. From there, we employ proprietary techniques to determine a security’s fair value. Finally, we engage Fairview’s collective intellectual capital to assess the vigor of the investment thesis.

Buy low. In line with our long-term investment strategy to deliver superior risk-adjusted returns, we exercise strict discipline when deploying capital to initiate positions. After an investment clears the research and analysis hurdles, we aim to turn the short-term focus in the market to our advantage by finding compelling entry points. This often requires patience, which in the context of a multi-year time horizon – such as ours – proves rewarding.

Sell high. Once a position fully enters the portfolio, we actively track the progress toward our expected outcome. As disruptions inevitably occur, our regimented process lends us confidence when weighing potential actions. Ultimately, we replace positions if our objective has been met, the investment thesis no longer applies, or a more compelling opportunity materializes.