Investment Philosophy & Process
Cash-flow positive investments
Equity investment strategies that do not prioritize cash-flow are more risky and volatile then the contrary. A business that is unable to effectively and consistently generate cash is not positioned to outperform over the long haul. Multiple factors are the cause of this -
Prudent capital allocation practices become difficult and near impossible for leadership to execute in the interest of shareholders when the business is cash inhibited.
Corporate decision making can become desperate due to rising cash pressures.
Capital structure considerations in the interest of shareholders become near impossible in companies low on cash.
Macroeconomic screening combined with MICRO-ECONOMIC analysis
The Rigard investment screening process starts with targeting industries that are financially succeeding in our economic landscape. We utilize a top-down investment approach and once we identify a potential investment opportunity - we employ comparative analysis across the competition.
