1st Quarter 2023 Letter to Investors

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 […]

2023 Market Update Web Seminar

February 16th, 2023

2022 was a difficult year for most markets. What does 2023 hold in store? How will elevated interest rates impact the economy and the equity markets? How much farther will the Fed go in raising interest rates in 2023? When will the next recession begin and how severe will it be? These are just some […]

2023 Investment Outlook

January 20th, 2023

2023: Our Thoughtful View “There are 60,000 economists in the U.S., many of them employed full-time trying to forecast recessions and interest rates, and if they could do it successfully twice in a row, they’d all be millionaires by now… But as far as I know, most of them are still gainfully employed, which ought […]

Thought Leadership Series: The Current State of Infectious Disease

December 1st, 2022

On Thursday December 1, 2022 First Long Island Investors held an online web seminar with Dr. Bruce Farber, MD, where he presented the current state of infectious disease in the U.S. and globally (including COVID-19, the flu, and RSV). Dr. Bruce Farber graduated from Northwestern University’s Honors Program in Medical Education with a B.S. and […]

3rd Quarter 2022 Letter to Investors

October 31st, 2022

September 30, 2022 “The desire to perform all the time is usually a barrier to performing over time.” – Robert Olstein (Respected Value Investor) The third quarter continued investors’ misery with numerous markets suffering meaningful declines.  Equities and bonds showed distress while housing weakened due to the Fed’s battle against inflation, as well as a […]