Investment Philosophy

Our investment philosophy at Strategic Analysis is to focus our effort on the determination of that elusive thing called value. In times of uncertainty--which seems to be almost any time one can mention--the first goal of our investment strategy is the integrity of our clients assets. One can always find new opportunities; but it is much harder to recover lost capital. In my long experience in this business, the greatest regret that all clients most vividly recall is the failure to respect that principle.

To this end, the experienced staff at Strategic Analysis, examine many hundreds of companies to find those that meet our stringent criteria. We place a central emphasis on the corporate balance sheet and we seek companies that show an ability to generate value for their investors.

We are highly objective in our analysis, and while we prefer to find companies in which our clients can invest for the longer term, we are uncompromising in abandoning those that fail our tests at any stage along the way, not matter how successful that they may have been. After 35 years of investment analysis and portfolio management, the only thing I conclude about corporate management is that past success is evidence of past success. The future starts anew each day.

Finally, I would emphasize our commitment to good and fair client service. All clients, large and small, receive our analysis simultaneously and we have strict policies that place our clients' interests first and foremost in our priorities. All clients must clearly understand why we take the action that we do and therefore be able to judge us as we judge others. It is this basic philosophy, which has earned Strategic Analysis it's sterling reputation in the investment industry.

C. Ross Healy
Chairman & CEO