We think that a portfolio should operate like a good business: good businesses generate cash flow for their owners.
We believe an investment is something that pays you to own it. Hamlin is dedicated to income generation, an enduring strategy for wealth preservation and long-term capital appreciation.
We think a portfolio should operate like a good business: good businesses generate cash flow for their owners. We believe that income-oriented portfolios afford options for individual and institutional investors, allowing them to reinvest for growth or to extract cash to support lifestyles and meet financial commitments. We focus on after-tax returns for our individual accounts both with respect to the taxation of portfolio income and the timing of capital gains and losses.
We are fundamental, value-oriented, long-only money managers. Our investment horizon is measured in years, not quarters. We believe that clients deserve continual access to their capital, and do not espouse lock-up provisions. We do not believe in performance or incentive fees, nor do we employ leverage for investment purposes. While we are proud of our process, discipline and team, we believe that our investment results reflect the power of our chosen strategy more than the talent of individual Hamlin investment professionals. As Albert Einstein reportedly said, “Compound interest is the 8th wonder of the world… the greatest mathematical discovery of our time.”