About Me
Founded in 1995, Olstein Capital Management follows an accounting-driven, value-oriented investing philosophy based on the premise that the price of a common stock may not reflect the true value of a company’s underlying business.
Olstein’s investment team employs analytical and valuation methods pioneered by Robert Olstein as co-founder and publisher of the Quality of Earnings Report. Valuations are based on free cash flow. Reliable valuations require a thorough understanding of a company’s accounting practices and an assessment of a company’s Quality of Earnings.
Olstein’s investment team reads for heat through an intensive, forensic analysis of a company’s financial statements, accompanying footnotes, shareholder reports and other required disclosures to assess the quality of earnings. Looking behind the numbers to identify positive or negative factors affecting future free cash flow is the foundation of the Olstein's value proposition.
