Asset allocation—a portfolio’s mix of stocks, bonds, cash, real estate and other asset classes—is the cornerstone upon which many investment decisions are made. Each investor’s approach to asset allocation is extremely important and individual. Not only does a portfolio’s allocation meaningfully impact risk and returns, but an appropriate allocation can greatly increase the odds Read More →
The case for investing in equities to meet income needs is compelling, particularly in light of today’s higher inflationary expectations. Higher levels of inflation are typically negative for fixed income returns, while equities can provide an inflation hedge, as a company’s revenues and earnings can be expected to rise in tandem with prices. In Read More →
Geopolitical risks abound: China/Hong Kong, China/Taiwan, Saudi Arabia/Iran, Iran’s nuclear capability etc. Layered on to these risks is the unprecedented challenge Central Banks face to successfully navigate a post-pandemic world. What should investors do? While these headlines are virtually impossible to ignore, investors nevertheless should focus on the things they can control. They cannot Read More →
While there are many ways to measure quality, high-quality businesses share one defining characteristic: a durable competitive advantage which generates persistent excess returns over time. The key to this advantage is durability, without which a business’ excess profits will whittle away by the simple economics of competition. There are many businesses that are able Read More →
Many people claim to be long-term investors and extol the virtues of compound interest and the extraordinary results it can produce given enough time. At the same time, many investors are also keenly focused on the rate at which value is likely to compound over the next few years, while paying less attention to Read More →
As a savvy investor, you have probably built a network of trusted advisors. From lawyers to CPAs to financial advisors to estate planners, you and your family count on these professionals for their specific expertise. You trust their judgment and expect them to provide an unbiased recommendation. A true partner reviews your current situation, Read More →
During the holiday season, many of us celebrate with family, friends, and those who bring us joy. This kind of Quality time provides a chance to have meaningful conversations and plan for the future. Financial parenting/grandparenting can play an important, but sometimes overlooked, role in these exchanges. According to a study of 650 families with Read More →
Overcoming Behavioral Biases in Search of Financial Security As human beings, we’re hard-wired to go with our gut, take action and sometimes overlook important details. It’s not always our fault; it is simply part of human nature. We call these tendencies behavioral biases, and they affect everything we do, including how we make decisions about Read More →
