For over four decades, through periods of both economic prosperity
as well as uncertainty, Romano Brothers & Co. has maintained
a consistent, disciplined investment approach based upon these fundamentals:
- We seek securities that, in our opinion, represent outstanding
values based on assets, sales and earnings growth trends, and
cash payouts in relation to price.
- We believe in purchasing fairly valued securities and holding
them for long-term growth. We do not employ so-called "market
timing" strategies but instead sell stocks when analysis suggests
that a company's outlook is not consistent with its current price.
- We do not use stock options, index options, futures or any
other "high-risk" derivatives.
- We do not recommend securities merely for industry representation
or a company's "good name." Each security must stand on its own
Ongoing research and analysis are the cornerstones of our success.
Consequently, a major effort is expended in forecasting those opportunities
which offer the most potential for gain and the least potential
The firm employs its own research analysts who constantly comb
the investment universe for such opportunities, and who monitor
the firm's recommended list.
All ideas are approved by an investment panel comprised of senior
members of the firm. Portfolios are then monitored closely and any
necessary changes counseled accordingly.