The guiding tenet of our investment philosophy is risk consciousness in both equity and fixed income portfolio management. This approach demands that we continually evaluate the potential for loss against the perceived opportunity for gain in markets and individual securities. At Glickenhaus & Co., we believe our first obligation is the preservation of the future purchasing power of our clients' capital.

We believe the investment performance of our clients' accounts validates our adherence to these principles.

In order to maximize returns, we believe it is important to maintain flexibility towards the components of the securities markets in which clients permit us to invest. We have no fixed attitude; our investment posture across time has demonstrated a willingness to consider all sectors of the securities markets and an ability to initiate moves on an opportunistic basis within a disciplined framework.