Brandywine’s Investment Philosophy
Brandywine is an established investment firm with a fresh perspective on investment management.
In our founder’s book Exploiting the Myths: Profiting from Wall Street’s misguided beliefs (which became an Amazon #1 best seller under the popular title Jackass Investing: Don’t do it. Profit from it.), Mike Dever exposes the myth that investors can obtain portfolio diversification by spreading their money across positions in stocks, bonds and real estate.
In contrast, it is our belief that true portfolio diversification can only be obtained by balancing positions across multiple Return Drivers. (A Return Driver is the primary underlying condition that drives the price of a market over a given period of time.) In this fashion no single economic, social or geopolitical event can adversely affect your portfolio. Better yet, your portfolio will have the potential to grow independently of market conditions.
But, despite our years of research and published work, we are not academics. Brandywine has four decades of hands-on experience in creating and managing truly diversified portfolios. It’s not a process that can be replicated overnight. Over that extensive period, Brandywine has developed and traded hundreds of separate trading strategies across more than 100 global markets.
The result of this true portfolio diversification is the provocative, yet sometimes derided, “Free Lunch.” A Free Lunch is a portfolio that produces greater returns with less risk than a conventional portfolio. This is the potential benefit of Brandywine’s Return Driver based philosophy.
If you feel it is time for a change – time to avoid the risks inherent in a conventional poor-folio and to build a truly diversified portfolio – we look forward to helping you get started today.