Buford, Dickson, Harper & Sparrow, Inc.

Buford, Dickson, Harper & Sparrow, Inc. (“BDHS Capital”) is an employee-owned investment advisor registered with the Securities and Exchange Commission. This Web site is not a solicitation of clients in any states in which additional advisory registrations would be a required prerequisite. The contents of this Web site are strictly informative and are not intended to provide investment advice. The firm only offers investment advice to clients with whom it enters an investment management agreement, after a suitability determination. The distribution or photocopying of firm information contained on or downloaded from this site is strictly prohibited without the firm’s expressed written consent. BDHS Capital reserves the right to change any information contained on its Web site without prior notice.

Nothing in the statement of BDHS Capital’s investment philosophy is intended to guarantee any particular investment returns. Investing in the stock market always involves the risk of loss, up to and including an investor’s entire investment. While there may be a potential for significant gains when investing in small capitalization companies and investing through emerging managers, there are also significant risk factors in such investments.