INTRODUCTION |
At the Phoenix we believe in identifying opportunities. We look for situations
where bad things have happened to good people. These situations provide
us with the potential for increased returns. A company's fortunes can turn sour for several reasons: finances are not sound; the product line has decreased demand; management has committed a crass "faux pas"; "herd mentality". Through our objective analysis we strive to identify companies which have: finances which are sound or showing improvement; a product line with future potential; a management team capable of learning from its own and other's mistakes and act accordingly; been caught in a market downdraft as innocent bystanders. |