Equities
Burns & Levinson Asset Management employs a multi-dimensional investment process that focuses on individual stock selection. We strive to exceed our clients’ objectives as measured by appropriate market indices. To produce these results, we seek to reduce risk and volatility of returns that are generated by less reliable methods. Instead, we focus on strategic sector and asset allocations and reject market timing.
Our investment process combines both the efficiency of quantitative methods and the insight of qualitative analysis. We begin the selection process with an analysis of the macro-economic environment in an effort to assess the growth potential for major sectors of the market. We then employ advanced technology to scan a large universe of companies in order to identify those with the most promising characteristics. We subject the investment candidates emerging from this process to rigorous analysis and peer review.
Our process will lead us to target certain sectors for either an over- or under-weighted position relative to major market indices. We invest in companies that often hold dominate positions in their industries or perceived strategic advantages. We also focus our investments in companies that we believe are undervalued relative to their growth prospects. By adhering to this process we have the latitude to meet our clients’ objectives regardless of which investment style may be dominant at the time, and to position our clients’ portfolios at the lower end of the risk spectrum.
What your portfolio will look like:
- Well Diversified: We believe diversification helps reduce risk and our portfolios will hold stocks of companies from a cross section of sectors. We will, however, strategically over- and under- weight sectors in order to reduce perceived risk and increase potential returns.
- Mostly Large Companies: We prefer to buy industry leaders. This typically brings our focus to bigger companies.
- Financial Strength: Strong balance sheets and cash generation are important considerations in our investment process.
- Growth and Value: In our view, it makes no sense to buy a company that is not growing just because it is cheap. Conversely, it also makes no sense to pay any price for a company because it is growing quickly.
- Special Situations: On occasion we may invest small amounts in appropriate portfolios in companies that might not fit the profile of our typical investment, but appear to possess extremely attractive potential returns.
- Long Term: Most of our holdings will be long-term investments. Short-term trading will primarily be brought about due to a change in outlook or valuation for a company.
