Portfolios

“Price is what you pay. Value is what you get.”
Warren Buffett

A typical portfolio may consist of an asset dedication of some money market instruments and stock in several companies depending upon client’s interests, size of their assets and valuations. A new account will usually take approximately to two to four months to become fully invested. Portfolios are managed with concern for an individual client’s needs and concerns. Care is taken with respect to tax considerations. All securities are owned in whole by the client.

We manage two types of portfolios:

Value: Our value portfolio focuses on finding the best value driven investments we can find based on our equity portfolio approach to investing.

Value income: Our value income portfolio uses our value driven approach and includes a focus on higher dividend paying investments and other types of dividend paying securities.

None of our client portfolio use mutual funds or third party money managers. We believe in the ownership of stock in a business.

Value Portfolio

Our value portfolio focuses on finding the best value driven investments we can find based on our equity portfolio approach to investing. We begin by using metrics based on price to sales, price to cash flow, price to earnings and a number of valuation parameters. If a company falls within those parameters we then look at the companies management, brand, ability to outperform and valuation versus their market peers. Once all of our research is complete we use technical analysis to determine the proper entry or exit point for each investment. The short term orientation of most institutional investors creates opportunity for long term investors. At SWCM we are long term investors.

Value Income Portfolio

Our value income portfolio uses our value driven approach and includes a focus on higher dividend paying investments and other types of dividend paying securities. The income portfolio will include preferred securities of many of the value investment ideas we find attractive. The value income portfolio seeks to provide a total yield greater than the S&P 500 over a long term horizon.