January 19th, 2024
2024 and Beyond “The big money is not in the buying and selling, but in the waiting.” – Charlie Munger 2023 turned out to be a very strong bounce back year for our clients with significant gains made across all equity-related strategies. Charlie Munger’s philosophy of “waiting,” shared by FLI, was key to this past […]
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October 24th, 2023
Equity markets have rebounded in 2023 while the bond market has declined slightly so far this year. What does the balance of 2023 and 2024 hold in store for investors? How will elevated interest rates impact the economy and the equity markets? Will the Fed raise interest rates one more time in 2023 or 2024? When will the […]
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September 30th, 2023
September 30, 2023 “If there’s one thing that’s certain in business, it’s uncertainty.” – Stephen Covey, Author, Educator and Businessperson The third quarter ended with many of our strategies flat to somewhat down for the quarter despite a good start in July, which was washed away by seasonally poor September performance (September was a very […]
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June 30th, 2023
June 30, 2023 “You must force yourself to consider opposing arguments. Especially when they challenge your best loved ideas.” – Charlie Munger The second quarter and first half of the year, from an investment standpoint, offered many challenges, but resulted in bifurcated yet positive results. More growth-oriented companies saw a decisive comeback from last year’s […]
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March 31st, 2023
March 31, 2023 “Out of intense complexities intense simplicities emerge.” – Winston Churchill The first quarter of 2023 was highlighted by positive results for the major indices despite significant volatility and what we will call, at this point, a mini banking crisis. This crisis, in our opinion, was brought on by the meteoric rise in […]
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