“We believe that according the name ‘investors’ to institutions that trade actively is like calling someone who repeatedly engages in one night stands a romantic.” Warren Buffett uses this example to illustrate the point that many so-called ‘investors’ have been seduced by volatile markets into dangerous, speculative behaviors: rapid trading, derivatives, and most importantly purchasing without regard to underlying value. These are not the behaviors of a true investor.
Fairbanks Capital Management, Inc. seeks investments that have a high probability of delivering exceptional growth over a five to ten year period. In equity investments, we eschew short-term speculation, and utilize our core practice of rigorous, bottom-up analysis to identify specific equities which we expect to deliver steady, compounded growth over the long-term. In fixed income investments, we seek stable performance by emphasizing credit quality and avoiding junk bonds.
To learn more about our strategy, please click on the following principles listed below:
