For over four decades, through periods of both economic prosperity as well as uncertainty, Romano Brothers & Co. has maintained a consistent, disciplined investment approach based upon these fundamentals:

• We seek securities that, in our opinion, represent outstanding values based on assets, sales and earnings growth trends, and cash payouts in relation to price.
  
  
• We believe in purchasing fairly valued securities and holding them for long-term growth. We do not employ so-called "market timing" strategies but instead sell stocks when analysis suggests that a company's outlook is not consistent with its current price.
  
  
• We do not use stock options, index options, futures or any other "high-risk" derivatives.
  
  
• We do not recommend securities merely for industry representation or a company's "good name." Each security must stand on its own justifiable merits.

Ongoing research and analysis are the cornerstones of our success. Consequently, a major effort is expended in forecasting those opportunities which offer the most potential for gain and the least potential for loss.

The firm employs its own research analysts who constantly comb the investment universe for such opportunities, and who monitor the firm's recommended list.

All ideas are approved by an investment panel comprised of senior members of the firm. Portfolios are then monitored closely and any necessary changes counseled accordingly.