The RS Value team searches for good businesses led by strong management teams, and invests when a stock's price reflects an attractive valuation. We are Return on Invested Capital (ROIC) focused investors and seek to invest in companies that can create shareholder value, due to an improvement in the returns of the existing assets, or attractive reinvestment opportunities.
Buy Businesses, Not Simply Stocks. We assess each opportunity as a potential business owner and believe that over time a stock's price will reach the per-share value of the underlying business.
Focus on the Long Term. We have a three- to five-year investment horizon, which allows us to take advantage of short-term dislocations and market mispricings to invest in good businesses at attractive valuations.
Invest with Conviction. Our team constructs relatively concentrated portfolios, which allows us to put capital behind our highest-conviction ideas.