2024 Investment Outlook

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 […]

Thought Leadership Series: The Perspective on Long Island’s Current and Future Economy

November 8th, 2023

Robert D. Rosenthal, Chairman and CEO, First Long Island Investors LLC (Left) and Matt Cohen, President and CEO of the Long Island Association (Right) On November 8, 2023 clients and friends of First Long Island Investors, LLC gathered at the Garden City Hotel to learn more about Long Island’s current and future economy.  Joining First […]

3rd Quarter 2023 Letter to Investors

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 […]

2nd Quarter 2023 Letter to Investors

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 […]

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 […]