How does JRL decide which stocks and bonds to buy, hold, and sell?
A. JRL has developed a proprietary investment methodology for evaluating securities. They seek to quantify a company’s relative valuation based upon its risk-adjusted growth. They take into consideration the following fundamental factors of individual companies: expected growth rate or historical growth rate of earnings per share, sales per share, and cash flow per share, the stock’s beta, relative valuation to the market based on P/E ratio, P/S ratio, P/CF ratio and PE/G ratio. It also considers yields on long-term treasury bonds and absolute valuations of the stock market.
