As the capital markets become more and more difficult
to navigate investors are forced to pay extremely close attention to what
it is they are investing in, not to mention the true value of the investment
itself. Phillips Ray believes fully and completely in its ability
to identify and take advantage of opportunities in the markets today and
has been applying this ability for more than six years with demonstrable
success (formerly as BMP Capital Management). The firm considers
itself to be opportunistic in its investment approach. With considerable
due diligence, great opportunities can be identified and exploited in
the capital markets today if the investor can be comfortable with his
or her determination of the true underlying value of the asset.
Achieving this comfort level for our clients is what we strive to do.
- WE ARE opportunistic value managers building portfolios that strive
to achieve superior absolute returns. Our decisions are based on valuation
screenings, assessment of current market trends, frequent monitoring
of market conditions, and analysis of portfolio positions and security
- WE ARE NOT momentum investors, industry or sector specific, or biased
in matters relating to financial products.
It goes without saying that every asset in this world
has its ideal price point, a concept that takes into account
many factors such as supply, demand, need, geography, time held, etc. The same
is true of the stock price of all public companies. While a particularly
successful company might sound like a great stock to buy, this does not
mean that its an ideal stock to buy at that time for
a number of reasons. We know that this might sound sophomoric but
it is important to communicate nonetheless as it is at the core of our
investment philosophy. We believe that in the capital markets today
investors are often overly focused on what companies they should own regardless
of the price they must pay to do so.
At Phillips Ray we are consistently searching out those
opportunities which offer what we believe to be great companies at low
prices. Of course this is not an easy process and at times can be
subjective, however this analysis and evaluation is in our opinion the best and most effective way
to properly value the company in question.
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