July 31st, 2018
“Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.” Warren Buffett, Chairman and Chief Executive Officer, Berkshire Hathaway In our opinion, the second quarter was characterized by accelerating domestic economic growth while also reflecting angst over an aggressive trade posture taken by President Trump as […]
Read more > April 23rd, 2018
“Only for short-term investors and market timers is a correction not an opportunity.” -Warren Buffett, Chairman, Berkshire Hathaway The first quarter witnessed the return of somewhat higher than normal volatility as compared to recent years (and certainly compared to the abnormally low volatility of 2017). In addition to this increased level of volatility, both the […]
Read more > February 12th, 2018
On February 7, 2018, Robert D. Rosenthal, CEO and Chief Investment Officer, Philip Malakoff, SVP, Wealth Management, and Edward C. Palleschi, SVP, Wealth Management, held a web seminar where they shared with clients and business colleagues of First Long Island Investors our perspective on the current market and economic indicators. They discussed what our Investment […]
Read more > January 30th, 2018
“Uncertainty will always be part of the taking charge process.” – Harold Geneen, American Businessman, Former President and Chief Executive of ITT Corporation 2017 was an excellent year for our clients. All of our traditional and defensive strategies made significant absolute gains. Our traditional and defensive equity based strategies averaged 22.7% and 19.1%, for the […]
Read more > January 16th, 2018
“Uncertainty will always be part of the taking charge process.” – Harold Geneen, American Businessman, Former President and Chief Executive of ITT Corporation How quickly 2017 came and went with many positive surprises for our clients (our numerous defensive and traditional equity strategies delivered estimated performance of more than 20% net for the year*). But […]
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