Foundation
of Experience
No single investment idea or style is appropriate for all
times and all economic conditions, and no one theory has answered the changing
demands of successful investment. Superior
long-term investment performance is based on the experience of observing what
works and what does not work and the ability to make investment decisions free
from the euphoria or despair of the moment.
Progress is made by not repeating the same experience again
and again. We pride ourselves on the
long service of our firm’s investment counselors. Each manager has, in time, served an apprenticeship, learning
from senior members, developing skills, and more importantly, gaining
confidence in the investment philosophy that our firm has developed and
refined. We maintain a healthy
diversity of views and interests, but we are single minded in our effort to preserve the experience, investment
philosophy, and traditions that make us unique.
Some consider the number of clients or the number of
dollars under management to be indicative of an investment adviser’s
success. We prefer to think the length
and depth of our professional relationship with our clients as a more accurate
measure of our performance. Quite
simply, no one will continue to use a service that repeatedly fails to meet
expectations. Understanding and meeting
our clients’ needs, thereby strengthening the adviser-client relationship,
Waters, Parkerson & Co. generates the confidence and loyalty that is the
basis of a successful relationship.
Since Arthur C. Waters began business in 1933, our firm has
had clear and unchanging objectives.
·
Maintain the highest
standards for quality and performance while remaining true to our investment
philosophy.
·
Perpetuate our reputation for
integrity and fairness.
·
Never lose sight of the
responsibilities we hold to our clients and our firm.
EQUITY
AND FIXED INCOME INVESTMENTS