We are fundamental investors who seek to identify well-managed, high return, growing businesses whose stocks are priced significantly below our estimated intrinsic values. We are value buyers of pieces of businesses...
Investment Management Services for High Net Worth Families, Trusts, Individuals and Institutions
Founded in 1999 by four seasoned investment professionals and an equally experienced administrative team, Parthenon was formed with the goal of providing logical and rational investment management through diligent research conducted in-house. By limiting the number of client relationships we accept, we further seek to provide the highest level of client service possible.
As the calendar turned to the fourth quarter our thoughts, as customary, turned to potential topics and themes for this letter. One topic at the forefront was the length of the bull market and the economic expansion.