Guiding Principles

Seek relationships with those exhibiting the highest ethical standards

Operate with indefinite hold periods to increase likelihood of long-term compounding

Preserve and enhance company culture as a key source of competitive advantage

Distribute equity incentives broadly within a spirit of employee care and continuity

Avoid “quick hit” cost cutting that inflates short-term profits at long-term expense of growth

Execute relentlessly with commitment to all business stakeholders

Interact with full transparency, honesty, and fairness, with a continuous improvement mindset

Contribute to local and regional communities as a respected business leader