{"id":60,"date":"2016-06-30T11:42:26","date_gmt":"2016-06-30T11:42:26","guid":{"rendered":"http:\/\/hb-themes.com\/themes\/highend\/life-coach\/?page_id=59"},"modified":"2019-09-13T15:43:38","modified_gmt":"2019-09-13T15:43:38","slug":"investment-strategy","status":"publish","type":"page","link":"https:\/\/hayesassetmgt.com\/index.php\/investment-strategy\/","title":{"rendered":"Investment Strategy"},"content":{"rendered":"
[vc_row][vc_column][\/vc_column][\/vc_row][vc_row top_margin=”0″ bottom_margin=”-1″ css=”.vc_custom_1467288756266{margin-top: -50px !important;margin-bottom: -1px !important;padding-top: 60px !important;}”][vc_column animation=”fade-in” css=”.vc_custom_1467299613938{margin-bottom: 0px !important;}”][vc_custom_heading text=”Investment Strategy” font_container=”tag:h3|font_size:48px|text_align:center|color:%23172435|line_height:56px” google_fonts=”font_family:Playfair%20Display%3Aregular%2Citalic%2C700%2C700italic%2C900%2C900italic|font_style:400%20regular%3A400%3Anormal” css=”.vc_custom_1568227319860{margin-bottom: 10px !important;}”][vc_custom_heading text=”Hayes Asset Management, LLC is a private investment advisory firm based in Rochester, New York specializing in services for individuals, corporations and non-profit organizations. Hayes Asset Management offers high quality investment advisory services to clients throughout New York and the United States.
\nThe unique value of our service lies in providing four key ingredients for a successful long-term relationship:” font_container=”tag:p|font_size:22px|text_align:center|color:%23172435|line_height:32px” google_fonts=”font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:300%20light%20regular%3A300%3Anormal”][vc_column_text]\n

1. Maintaining a highly focused value investing methodology that is tailored to the investment goals of each client.<\/strong><\/span><\/p>\n

2. Striving to protect our clients\u2019 principal investment from the markets risks and volatility.<\/strong><\/span><\/p>\n

3. Delivering exemplary personal service.<\/strong><\/span><\/p>\n

4. Seeking superior performance over the long run.<\/strong><\/span><\/p>\n

Hayes Asset Management is registered with the Securities and Exchange Commission (SEC).<\/strong><\/span><\/p>\n[\/vc_column_text]

<\/div><\/div><\/div>
<\/div><\/div>[\/vc_column][\/vc_row][vc_row full_width=”stretch_row_content_no_spaces” css=”.vc_custom_1568299331929{background-image: url(http:\/\/hayesassetmgt.com\/wp-content\/uploads\/2019\/09\/pic6.jpg?id=110) !important;}”][vc_column][vc_empty_space height=”300px”][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Decision Making Process <\/strong><\/span>
\nOur process begins with a database search and daily review of securities that have reached their new low. Should a holding meet our criteria we will then review their SEC filings, company website and then contact the company directly. We then conduct a valuation of the company to determine the feasibility of investing in the company. We also analyze the company\u2019s price\/book ratio, price\/sales ratio, debt level, and insider buying to name a few. After completing the valuation we determine a price we are willing to pay for the stock and when the market value of the security reaches that price we begin to take a position in the security.<\/strong><\/span><\/p>\n

Buy Discipline<\/strong><\/span>
\nWhen we identify value, we take a \u201cbuy and hold\u201d investment approach. Our research leads to securities that meet our value criteria:<\/strong><\/span><\/p>\n

    \n
  • Prices of financial securities are subject to significant and fickle movements.<\/strong><\/span><\/li>\n
  • Despite the volatility in the market prices of financed assets, companies do have underlying or fundamental economic values that are stable and can be measured with reasonable accuracy by a diligent and disciplined investor.<\/strong><\/span><\/li>\n
  • The strategy of buying securities only when their market prices are significantly below calculated intrinsic value will produce superior returns over the long run. Graham referred to the gap between value and prices as \u201cthe margin of safety.\u201d<\/strong><\/span><\/li>\n
  • Quality finances\/balance sheets and the level of insider buying.<\/strong><\/span><\/li>\n
  • History and reputation of management.<\/strong><\/span><\/li>\n
  • Quality of products or services.<\/strong><\/span><\/li>\n
  • Competitive position in industry.<\/strong><\/span><\/li>\n
  • Quality of earnings.<\/strong><\/span><\/li>\n<\/ul>\n

     <\/p>\n

    Sell Discipline<\/strong><\/span>
    \nIf the price of an equity we purchased moves down, but our reason for buying is still intact, we will not necessarily sell. In fact, we may continue to hold or buy more. Sell factors include:<\/strong><\/span><\/p>\n

      \n
    • When an equity security appreciates to a high proportion of the portfolio\u2019s total value, we will scale back the position.<\/strong><\/span><\/li>\n
    • When business fundamentals that prompted us to buy a given stock are no longer present, we sell.<\/strong><\/span><\/li>\n
    • When fully invested, we may sell an equity if we have discovered another investment to be more compelling.<\/strong><\/span><\/li>\n
    • When the security is fully priced and chances of further appreciation are limited .<\/strong><\/span><\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row fullwidth=”yes” bg_type=”bg_image” top_margin=”0″ bottom_margin=”0″ background_color=”#878787″ image_url=”107″ css=”.vc_custom_1568216862266{margin-top: 0px !important;margin-bottom: -80px !important;}”][vc_column animation=”bottom-to-top” css=”.vc_custom_1467299682683{margin-bottom: 0px !important;padding-top: 200px !important;padding-bottom: 200px !important;}”][vc_custom_heading text=”Investment Strategy” font_container=”tag:h3|font_size:48px|text_align:left|color:%23ffffff|line_height:56px” google_fonts=”font_family:Playfair%20Display%3Aregular%2Citalic%2C700%2C700italic%2C900%2C900italic|font_style:400%20regular%3A400%3Anormal” css=”.vc_custom_1568216945041{margin-bottom: 10px !important;}”]
      <\/div><\/div>[\/vc_column][\/vc_row]\n<\/div>","protected":false},"excerpt":{"rendered":"

      [vc_row][vc_column][\/vc_column][\/vc_row][vc_row top_margin=”0″ bottom_margin=”-1″ css=”.vc_custom_1467288756266{margin-top: -50px !important;margin-bottom: -1px !important;padding-top: 60px !important;}”][vc_column animation=”fade-in” css=”.vc_custom_1467299613938{margin-bottom: 0px !important;}”][vc_custom_heading text=”Investment Strategy” font_container=”tag:h3|font_size:48px|text_align:center|color:%23172435|line_height:56px” google_fonts=”font_family:Playfair%20Display%3Aregular%2Citalic%2C700%2C700italic%2C900%2C900italic|font_style:400%20regular%3A400%3Anormal” css=”.vc_custom_1568227319860{margin-bottom: 10px !important;}”][vc_custom_heading text=”Hayes Asset Management, LLC is a private investment advisory firm based in Rochester, New York specializing in services for individuals, corporations and non-profit organizations. Hayes Asset Management offers high quality investment advisory services to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"class_list":["post-60","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/hayesassetmgt.com\/index.php\/wp-json\/wp\/v2\/pages\/60","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hayesassetmgt.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/hayesassetmgt.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/hayesassetmgt.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hayesassetmgt.com\/index.php\/wp-json\/wp\/v2\/comments?post=60"}],"version-history":[{"count":17,"href":"https:\/\/hayesassetmgt.com\/index.php\/wp-json\/wp\/v2\/pages\/60\/revisions"}],"predecessor-version":[{"id":190,"href":"https:\/\/hayesassetmgt.com\/index.php\/wp-json\/wp\/v2\/pages\/60\/revisions\/190"}],"wp:attachment":[{"href":"https:\/\/hayesassetmgt.com\/index.php\/wp-json\/wp\/v2\/media?parent=60"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}