April 28th, 2025
“Maturity is the capacity to endure uncertainty”’ John Huston Finley Our January Investment Outlook suggested we could face “unusual uncertainty” stemming from the Trump Presidency as 2025 unfolded. This prediction appears to have been accurate. The situation is unusual because politicians rarely deliver on campaign promises, in our opinion. However, President Trump is actively pursuing […]
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March 6th, 2025
President Trump has swiftly assembled his cabinet, implementing numerous policy changes. What lies ahead for investors in 2025? How will tariffs impact the economy? Which economic trends will shape the year? These are just some of the questions we hear from clients and business partners. In this web seminar we will break down the post-election […]
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January 15th, 2025
2025: CAUTIOUS OPTIMISM WITH SOME UNUSUAL UNCERTAINTY For years, we have been guided by the direction of corporate earnings (especially those of the companies we invest in) and real-estate cash flows, in conjunction with the level and direction of interest rates. The values of companies and real estate are primarily measured by two factors: earnings/cash […]
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November 20th, 2024
With Republicans sweeping control of the White House, House, and Senate, investors are asking the hard questions: What’s next for the markets? Where are interest rates headed? And is the inflation fight really over? These are just some of the questions we hear from clients and business partners. In this web seminar we will break […]
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October 28th, 2024
September 30, 2024 “Our portfolio doesn’t depend on our being right about the twists and turns of the economy. It depends on our understanding the prospects for our companies and what is discounted in their share prices.” Bill Miller Our investment strategies delivered positive returns in the third quarter, with all of our Security, Defensive, and […]
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