Joe McNay, Chief Investment Officer & Managing Principal
Essex’s investment philosophy is based on our belief that the stock market is inherently inefficient in evaluating and pricing change. We believe investors, by their nature, are slow to recognize or acknowledge change. Investors underestimate, and therefore undervalue, its magnitude and duration. We believe this creates investing opportunities in companies and industries undergoing change and that our focused investment process allows us to seize these opportunities, before they are recognized and fully valued by the Market.
Since our inception in 1976, we have consistently adhered to our investment philosophy, in both up and down markets, leading to long-term relative performance that has served our clients well.
Our investment philosophy is based on the early identification of growth, wherever growth exists.