DONALD YACKTMAN:
"We buy pieces of businesses for the long term, not pieces of paper for the short term."
Alignment of Interests
To have a successful partnership, it is critical that all interests be aligned. In an effort to align our own interests with those of our clients, our company policy requires all principals to invest their personal accounts in the very same securities that our clients are invested in. Our portfolio manager will always have a substantial portion of his net worth attached to the very same portfolios that he manages for clients. Sire Line Capital would never invest its clients' assets in investments that we would not be comfortable owning ourselves. We eat what we cook!