Our
investment philosophy is centered on a belief that emphasizing
large capitalization companies that produce superior earnings
growth offers the best combination of high return potential
with lower associated risk. Large capitalization companies
generally have proven competitive advantages and diversified
revenue streams, which buffer their earnings to the inevitable
changes in business climate that occur. Earnings growth
is key because we believe that earnings are the ultimate
determinant of stock prices and growing earnings are the
key to rising stock prices.