Papau Armstrong Schmidt Financial Group
"Time is the friend of the wonderful company, the enemy of the mediocre." -Warren Buffett
Our core belief is that buying high-quality companies at undervalued prices will give us a high probability of investment success over a long period of time. We identify high-quality companies by looking for specific desirable traits, such as a strong competitive position and a consistent long-term financial track record. We buy high-quality companies at times when their shares are trading below what we believe to be their true value. All of our decisions are based on our own rigorous research process. We prefer established mid-sized and large companies and avoid small-cap speculative companies. Most of the companies that we hold pay dividends. We focus on companies in industries with positive long-term outlooks. In addition, we are extremely conscious of risk and set out defined rules to diversify our portfolios. We endeavor to think independently of the crowd and always make disciplined investment decisions in accordance with our philosophy.
Our core business is managing portfolios on a discretionary basis. Discretionary management empowers us to make decisions on a client's behalf. We predominantly use model portfolios, which are portfolios of investments designed to meet the objectives of a certain type of client. Discretionary model portfolios benefit clients in several ways, including:
