To be successful over many years, an investment program should employ a methodical and consistent investment process.
Kiltearn’s process is designed with three goals in mind :-
- All our resources should be focused on those companies where the greatest opportunities lie. Consequently, we screen only for the cheapest stocks available to us in the world. More expensive candidates are excluded.
- We should have a deep knowledge of each company we purchase for our clients. Consequently, each investment candidate is subject to the same thorough, consistent and detailed analysis.
- Our clients' portfolios should benefit from owning the most attractive investment candidates available. Consequently, we have a disciplined framework, based on fundamental valuation, for buying and selling holdings.