As of
6/30/2010
Santa Barbara currently manages
$3.2 billion
in growth equities. We primarily invest in companies that exhibit stable and consistent
earnings growth. Defendable competitive advantages, strong management, and lower
dependence on capital markets are three key qualities that drive stable earnings
growth. Regardless of market or macro-economic conditions, our investment team adheres
to its stable growth investment philosophy and method. Our long-term investment
horizon requires discipline and calm during periods of high market volatility. During
difficult times, we are emboldened by our time-tested philosophy and process. The
investment process results in a diversified portfolio of companies with above average
earnings growth, financial strength, and reasonable valuations. Our belief is that
companies exhibiting stable earnings growth are positioned to perform well throughout
different stages in the business cycle, thereby enabling our analysts to focus on
time-tested business fundamentals rather than on making transient macro-economic
predictions.
www.sbasset.com