April 26th, 2017
March 31, 2017 “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” – Warren Buffett Virtually all domestic equity markets in the first quarter of the year reflected continued economic optimism that resulted post the contentious 2016 Presidential election. Small business and consumer confidence, […]
Read more > February 16th, 2017
On February 8, 2017, Robert D. Rosenthal, CEO and Chief Investment Officer, Ralph F. Palleschi, President and COO, and Philip W. Malakoff, SVP, Wealth Management, shared with clients and business partners First Long Island Investors’ 2017 market outlook during a web seminar. They covered the firm’s expectations for 2017 and how we are positioning client […]
Read more > January 17th, 2017
“Change is the law of life. And those who look only to the past or present are certain to miss the future.” – John F. Kennedy Change typically is not necessarily accepted well in the short term by financial markets. However, the unexpected (for most) election of President-elect Donald J. Trump and the control of […]
Read more > November 1st, 2016
“Investing is the intersection of economics and psychology” Seth Klarman (famous investor) Despite significant uncertainty during the third quarter, most equity markets prospered while bond markets were mixed with corporates appreciating and municipals declining slightly. Commodities (gold and oil) were flat to slightly lower and residential real estate seemed to continue its upward trajectory […]
Read more > October 11th, 2016
Ideas and Considerations for Passing Wealth to the Next Generation Before the IRS Makes a Change One of the biggest questions that our clients frequently ask us is “How can we pass on our family’s wealth to our children, and minimize the portion that is lost to estate and gift taxes?” At First Long Island Investors, […]
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