Team members have been creating and applying quantitative models since the early 1990s and have found that, in general, they are effective. The usefulness of any single tool, though, is dependent on the investing backdrop; there is no substitute for judgment and experience in deciding what to emphasize and when.
Our quantitative tools are the product of ongoing research and are periodically revised. The process is evolutionary in our view, and we believe much of the art involved is in determining when to take the next step. While the principles are immutable, the way they manifest themselves is not.
New research is regularly disseminated to clients in our publication entitled "Stock Selection: Research and Results." We present stock screens based on valuation, capital use, investor behavior and other attributes. These will highlight companies expected to outperform as well as those likely to underperform. Periodically, we also publish in-depth studies on select quantitative topics.
The firm has extensive analytic capabilities with experience developed over nearly two decades. We work with clients to test ideas, build models and to assemble data that provide a context for decision-making. We have a library of analytical framework built at the sector and industry level.