Our Investment Philosophy
Dunbar Financial Strategies (DFS) is predominately a value investor. Technical analysis and momentum are considered in the investment analysis. The best intelligence is sought from business sources, economists, advisors, and businessmen world-wide. Legal analysis oftentimes can be utilized as alleged wrong-doing and litigation often affect businesses and create opportunities.
DFS also believes that psychology plays a part of both institutional and individual investor's actions. Greed, fear, “mass psychology” or “herding” instincts also affect markets. DFS believes that history is just as vital as psychology in investment success. Mankind reacts oftentimes consistently with the past generations. People usually react similarly to challenges and opportunities as is reflected in world literature.
DFS believes that countries attempt to manipulate their currencies to increase trading/employment opportunities. It appears that most countries attempt to manipulate their currencies downward today. With that in mind, “hard assets” such as oil, gas, metals, food, water and even valuable property rights such as entertainment film libraries increase in attractiveness. DFS attempts to locate investments that have value to the entire world's population such as oil and gas because if the asset is priced in a currency that is devalued, the asset price will correspondingly rise. For instance, if the U.S. dollar drops, the OPEC nations will increase the price of oil to negate the currency devaluation. The same phenomenon occurs with “garden-variety” inflation.
DFS believes that the world is changing rapidly. What used to be a traditional safe investment may not be so today. Therefore, DFS believes it is important to consider investments in developing countries across the world with advantageous work ethic, worker skills, environmental laws, natural resources, wage rates, geographic location, and legal structures. Conversely, high debt levels, high wage rates, high transportation, environmental or insurance costs are hurdles to success.
We welcome an opportunity to visit with you to discuss protecting and increasing your family's wealth. If interested, please call (601) 366-3170 or our toll free number 1-800-985-6469.
