Our investment philosophy is built around two key tenets. First, our experience tells us that the chief need of the retiree is an income stream that has the potential to grow over time. Secondly, and just as importantly, we believe history demonstrates that one of the best ways to accumulate wealth has been by owning the stocks of great businesses over a long period of time. To marry these two beliefs, we pursue an investment strategy focused on investments in companies that pay a dividend, have the ability and willingness to increase their dividends, and have businesses with the potential to grow in value over time. It’s that simple.