Dale Harvey founded Poplar Forest in 2007, after 16 years with The Capital Group Companies, where he was a portfolio counselor managing roughly $20 billion in client assets for several of the American Funds mutual fund sub accounts. As his investment responsibilities grew, Dale discovered the challenges of managing large pools of capital. In an unusual move, he left the Capital Group and founded a unique firm where size would not impede investment results.
Thomas Jefferson was a primary inspiration in Dale’s decision to found the company. Dale grew up in Virginia, 12 miles from a different Poplar Forest: Jefferson’s little-known, secluded estate. There, Jefferson escaped the very public demands that surrounded him at his more famous home, Monticello. Over time, the Poplar Forest estate grew to be the third president’s creative haven for reading, writing, and the pursuit of perfection in American architecture.
And so it is no mistake that Dale chose Poplar Forest as the name for our investment management firm. Like Jefferson’s cherished retreat, Poplar Forest Capital strives to be a place where analytical rigor enables independent thought. We have built a distinctive firm that provides focused portfolios for a select group of client-partners. Our talented investment team holds true to fundamental business analysis and contrarian strategy, un-swayed by mainstream opinion or the short-term action of markets.
Through Poplar Forest Capital, we are building an ethos based on values as enduring as Jefferson’s institutions and iconic architecture. Our model is one of partnership with like-minded investors–delivered with passion, integrity, humility, and skill for generations to come.
- We put our client-partners first, our associates second, and the company third.
- We believe in remaining small, so that size won’t impede investment results.
- We continually strive to exemplify the highest ethical standards.
- We personally invest alongside our client-partners.
- We share the benefits of scale with our stakeholders.
- We treat our associates equitably.
- With humility, we aim for nothing less than market beating, long-term returns.
- Even in our convictions, we remember that the other guy may be right.
- We recognize that mistakes are inherent in investing. We try to admit mistakes early while striving to learn from them.