What are the goals of AAM?
The goal of AAM is to provide returns to clients that are superior to indexes or passively managed accounts. There is no guarantee that we will achieve our goal. We believe that going forward from 2002, for the next 15 to 20 years, the passive approach of buying and holding the overall market will provide mediocre returns at best; and it is worth some measured risk to manage equity investments proactively and prudently as the markets move primarily sideways. Buy and hold only works when the market is going up. To have reasonable hope of growing wealth going forward, we believe it is necessary to take a more proactive approach.
