January 19th, 2016
“Anything is possible, and the unexpected is inevitable. Proceed accordingly.” Jason Zweig (noted investment authority) 2015 proved to be a challenging year for many traditional and hedge fund investors. Most indices were down or only slightly positive (Dow 0.2%; S&P 500 1.4%; Russell 1000 Value -3.8%; Barclays Aggregate Bond Index 0.6%; MSCI EAFE -0.8%; High […]
Read more > October 29th, 2015
“In investing, what is comfortable is rarely profitable.” -Robert Arnott (investor, editor, and writer) The quarter ended September 30, 2015 evidenced significantly greater volatility and the first “correction” (a decline of 10% or greater) since 2011. Both the volatility and correction were overdue as we suggested in both our last quarterly letter and our web […]
Read more > August 6th, 2015
Robert D. Rosenthal and Philip W. Malakoff discuss First Long Island’s perspective on some current macro-economic factors, questions facing many investors and how FLI is positioning clients for the rest of 2015 and beyond in an hour-long web seminar.
Read more > July 30th, 2015
“An argument is made that there are just too many question marks about the near future; wouldn’t it be better to wait until things clear up a bit? You know the prose: ‘Maintain buying reserves until current uncertainties are resolved,’ etc. Before reaching for that crutch, face up to two unpleasant facts: The future is […]
Read more > April 27th, 2015
“One thing we have lost, that we had in the past, is a sense of progress, that things are getting better. There is a sense of volatility, but not of progress.” Daniel Kahneman (Winner of the 2002 Nobel Memorial Prize in Economic Sciences) The first quarter ended with a whoosh of volatility reflected in a […]
Read more >