WHI has made investing in public securities a priority and a core competency over the past 4 decades. During that time, our philosophy has remained consistent: invest in high quality companies that we believe will provide attractive risk-adjusted returns over long periods of time. We employ a disciplined fundamental research process in search of companies with stable revenue streams, the ability to generate free cash flow, robust long-term growth prospects and sustainable competitive advantages.
While markets (and the prices of individual stocks) can exhibit moments of significant volatility, over time we believe that the price of a given stock will tend to reflect the value of the underlying company. In this way, we see volatility as our ally, and believe that a patient and disciplined approach, based upon a good deal of fundamental due diligence, a healthy dose of skepticism, and an instinct for opportunism will enable us to earn for our investors robust returns over time.
As markets evolve, we supplement our internal stock picking activities with investments in a select number of external managers who have a similar fundamental approach to ours with skill sets and ideas that complement the public equities exposure our team provides directly to our clients.
WHI Internal and External Equity Management
Employing a disciplined intrinsic value framework