The yield component of value stocks can play a valuable role in client portfolios given the lack of yield currently available from traditional fixed income asset classes as well...
Recent Posts
Have you ever been researching a stock and noticed that it has no P/E ratio? This is usually because the company is unprofitable and thus has no earnings to use as the denominator...
The following blog is an excerpt from our Q4 client letter that was written in late January 2021. We believe the information around industrial production, inflation and bond...
In part one of our blog series Why the Rally in Bank Stocks Can Continue, we discussed the improving clarity on loan losses and reserve levels, and we began examining the...
We recently published a blog entitled Banks in 2008 Versus 2020: This Time Part of the Solution, in which we contrasted the role banks played in the Global Financial Crisis versus...
During the Financial Crisis, banks were nearly responsible for the collapse of the financial system given excess leverage, toxic balance sheets, mismanagement, and questionable...
We place a high premium on direct contact with management while researching potential investments, and also as part of our ongoing work on current holdings.
Last week, we discussed how we have been active investors in the defense industry for years. There are a number of aspects we find attractive in the industry:
We have been active investors in the defense industry for a number of years. There are a number of aspects we find attractive in the industry:
