Managed Asset Portfolios, LLC
Our mission is to leverage our internal research to deliver market beating returns over time. In
order to do this, we seek to build focused portfolios composed of companies that are "cheap" and
"safe" with a catalyst to unlock the value of the company.
We believe companies are "cheap" when they are selling at a discount to the market, their peers
or the valuation they have historically traded at. Companies tend to become "cheap" because of
disappointing operational results or industry events, which is why we also require that companies
meet our safety requirement.
We categorize companies as "safe" when they have the sufficient financial strength to weather
the short-term problems that have made them "cheap". This is why our research not only looks at
earnings and projected earnings, but also carefully analyzes the balance sheet and cash flow
situation of a company.
Lastly, our analysts must identify a catalyst that will lead to improved business results and/or
stock performance. We consider a company neither "safe" nor "cheap" unless our research
uncovers a factor that will lead to improved operational results and/or higher valuations.
Please download our Investment Philosophy primer to learn more about how MAP selects
undervalued securities for long-term appreciation.
 | |  | |  | |  | |  | |  |
Investment Philosophy
