In 2012, Y H & C Investments listed its GARP Model (Growth at a Reasonable Price) on an investment web site called Covestor (now part of Interactive Brokers but called Interactive Advisors). The model is based on the philosophy of researching, identifying, and then buying the stock of company’s that will grow for a long time. The challenge is buying them at a ‘reasonable’ price. People invest today is so they will have more money in the future. By owning companies that have expanded for 3, 5, and 10 years or more, owners of the model have participated in this growth. There is minimal turnover in the model, which means we want to own these companies and not trade them. Quite a few of the companies pay quarterly dividends, which are increased on a yearly basis. There are some which do not pay dividends, but they use their cash flow to either reinvest in the business, pay down debt, or to buy back stock if management feels it is cheap. It has quite a few high profile holdings and has positive returns in 6 out of the last 7 years including a better return than the S&P 500 in 4 out the 7 years.