CURRENT CLIENTS

From the Investment Team

Read the latest research and insights produced in house by our Investment Team
Subscribe to updates...

Latest Podcast:

Latest commentary:

February 7, 2024
AI in Practice

In this podcast, I provide some early glimpses of the power of artificial intelligence in practice. I also discuss some concerns I have for the technologies' broader usage in investment management and allow Microsoft's CoPilot to chime in.

Read More
January 5, 2024
Been Here Before

This month five years ago, we provided a data-focused retrospective showing performance subsequent to investments in the domestic stock market at near-term peaks. At the time, we had just experienced a year like no other: each month in 2017 saw a market peak (including the effects of dividends) higher than that achieved the prior month […]

Read More
December 5, 2023
“Magnificent” Year

A bit contrary to the old saw that diversification is your friend, just a handful of stocks generated the bulk of the market’s historically generous performance for the year to date. These enormous, mostly Technology-oriented companies also dominated market conversation in 2023. A good bit less covered are other distinctions of this year’s market momentum: […]

Read More
November 1, 2023
Reconsidering Duration

Those investors pulled toward short-term Treasuries for their multi-decade peaks may wish to look beyond near-term highs at the front end of the yield curve to ensure they have a plan for those funds when maturities arrive. Such generous yields might not then be on offer. That “reinvestment risk” might mean that longer-term bonds may […]

Read More
October 7, 2023
Omnia Mutantur

Investors routinely, seemingly instinctually, look to the past for clues to qualify the present and gauge the future. We certainly place a great deal of weight on, for example, characteristics of individual stocks that have tended to lead to longer-term outperformance. But past as proxy for long-term expectations seems to us far more defensible than […]

Read More
September 1, 2023
One of Many Objectives

Cash holdings may provide comfort, but inflation diminishes the value of uninvested cash over time. Outside of purchase delays and product substitutes, there is little more consumers can do to directly address inflation. Investors, on the other hand, have a range of options to address that potential drag. The greater the expected return of a […]

Read More
1 2 3 20
120 Newport Center Drive
Suite 100
Newport Beach, CA 92660
949.261.7726
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram