Our firm was founded to help small investors build significant capital over
Since we believe in owning as many promising stocks as possible, we generally
buy on margin.* Borrowing to invest
can force liquidations if the market collapses, so we try to balance this
exposure by selling short. This ability to seek
investments both up and downstream is rarely available to smaller investors.
We, however, view it as an effective tool that doubles our clients' dollars at
work (it also doubles our commissions), while moderately reducing their
exposure to abrupt swings in the market.
Our approach is not for the short-term investor. Clients must be able and
willing to accept risks. Accounts will experience sharp fluctuations month to
month, year to year. It takes a strong stomach to invest with us.
Clients entrust decision making for their accounts to us: we buy and sell
without asking our clients to authorize in advance each transaction. We are
paid commissions for our work.**
* Retirement accounts prohibit the use of margin.
**Retirement accounts are charged a fee based on assets under
management, rather than commissions.