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Unequivocally Unemotional Value
At CornerCap, we look for undervalued companies. We regard a company as undervalued if its stock price does not reflect what we believe is the company's intrinsic or potential value.
In our view, identifying these stocks requires complementing qualitative fundamental research with a quantitatively-driven screening process. We believe a disciplined, quantitative criteria is critical in helping maintain an emotional distance from the companies in which one invests and, in kind, minimizes influence by company management or current market sentiment. Qualitative fundamental research can then validate the screening filters by identifying factors not fully reflected in the quantitative valuations. The result is objective, thorough analysis.
The founders of CornerCap have been practicing such thinking for over two decades. And, while our effort to maintain an unemotional, systematic approach to investing may limit our participation in momentum-oriented bull markets, it also helps us flag over- and under-valued stocks during emotional swings in the market. Over time, we believe we deliver predictable results to our clients, consistent with the very nature of value investing.
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What good is philosophy without some real world application? Below are some recent events that attest to our approach.
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