Investment Approach
Some people view the stock market as a gamble.  But a person buying a
stock is really buying a piece of a business.

What are some characteristics to look for in a good business?

Potential for free cash flow, solid balance sheets, good strategic
position, pricing power, proven management, unrecognized assets,
increasing revenues/margins -- different reasons that a company
appears to be undervalued relative to long-term prospects.

Diversification
OVI likes to have 15-40 different holdings in a portfolio with weightings
between 2-7%.  OVI believes that owning less leads to
overly-concentrated positions, while owning more leads to index-type
returns.  OVI uses diversification and balance to mitigate investment risks.

Discipline
OVI constructs/manages portfolios that are diversified with balanced
positions in different holdings across several sectors/industries.

OVI tracks holdings closely.  Over time, some investments are
successful while others disappoint.  To maintain balance and
diversification, large positions are trimmed and disappointing holdings
are liquidated.

Due Diligence
OVI's research budget is thousands of dollars.  OVI has a large
database/library of companies.  This allows OVI to find quality information
on current holdings and generate new leads for future investments.

Consistent Strategy
OVI does not "time" the market, make big sector bets, follow short-term
trading strategies, or use technical analysis.

OVI focuses on increasing client wealth over long periods of time by
building and maintaining a solid portfolio of investments.  

OakVale Investments, Inc.