Objective: To have a diversified portfolio of companies whose prospects for price appreciation look attractive over the next 12—24 months.
| Macro Economy | Overall Economy | |
|---|---|---|
| Attractive Industry Groups | Over next 12-24 months | |
| Micro Economy | Specific Companies | |
| Fundamental Analysis | Balance Sheet Cash Flow EPS R&D |
|
| Technical Analysis | Relative Strength vs. Industry Group Relative Strength vs. S&P 500 Money Flow 200 & 50 Day Moving Average Point and Figure Analysis |
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| Additional Research Coverage | Standard & Poors Morgan Stanley Goldman Sachs Merrill Lynch CIBC Oppenheimer |
Special attention to specific analyst, including the number of years experience, All-American status, etc. |
| Equity Selection | Once these as well as other factors that principals/portfolio managers have been considered, the security is purchased/sold. | |
| Realized Gain & Losses/Tax Consideration | For taxable accounts, will examine year-to-date realized gains and losses. For both taxable and non-taxable accounts will need to monitor position as to size compared to overall portfolio. | |