Happiness is a stock that doubles.

 

 

INVESTMENT STYLE

Foresight Investment Counsel, established in 1995, is a qualitative domestic manager of individual American securities for private clients. Our firm's common equity approach is fundamental, bottom-up for multi-cap growing companies. Foresight's fixed income approach is passive and bottom-up.

Our Flexible Management Style

Our stock universe (work list) is composed of Brand Name companies or dominant producers that have management systems with product/service superiority. What this means to our clients is investing in quality common stocks showing leadership positioning worldwide. These unique companies with limited competition must create consistent profits; have brand recognition with superior financial returns over the long term. These  growth-type stocks are the equity foundation of our accounts. These companies are product companies, not service companies.

Foresight Investment Counsel utilizes a boutique investment counsel style on small to very large U. S. corporations. Security analysis of our universe of companies and bonds is key to our management of investment portfolios. Our fiduciary relationship is most suitable for those private accounts (taxable and non-taxable) that can exercise patience with moderate turnover of assets to achieve the desired investment objective. Concentrated  or over weighted positions of individual common stocks are usually our preference to outperform our equity benchmark which is the Dow Jones Industrial Average.

The following (stock profile) characteristics are our compliance factors in the universe  (Work List) of our companies:

Our "Core Equity  Companies" should maintain:

1. Unique proprietary products with pricing power,
2. A sustainable competitive edge, with a catalyst or concept,
3. A scaling up of product for growth worldwide,
4. A high profit margins and high return on equity,
5. A pro-stakeholder management team,
6. Manages government regulation,
7. Simple, conservative accounting statements,
8. Companies established for 5 years and public for three years,
9. An established dividend growth policy, or for the future

For the account with income (fixed) objectives, we build a portfolio of individual American bonds (both taxable and tax-free) that have an preferred average maturity of three to five years (Bond Duration). We like "seasoned credits" including U. S. Treasuries. Our maturity range is unattractive at this time. Some of our legacy or secular companies are bond substitutes.