Cornerstone's process is simple in nature, sophisticated in practice, and timeless in its ability to discover value.  We employ our proprietary Fair Value Model™ to identify a list of attractive candidates.  Those candidates are then submitted to rigorous fundamental analysis by our Investment Team.  The Team focuses on factors that drive share prices: a company's long-term returns, growth rates, and profitability.  We then determine whether the embedded characteristics that have built a company's record are still in place.  Only our 30 best ideas make it into our risk-controlled portfolio.  Stocks are sold as they approach their fair value or as more attractive candidates emerge.