News & Insights

LSOFX Q3 2021 Shareholder Letter

Current Market Environment Cases of whiplash must have spiked lately. After all, in a few short months, market commentators have abruptly transitioned from: “inflation is...

Tell-tale Signs Management Interests Are Aligned with Shareholders

It’s hard to have conviction in a company’s direction without thorough knowledge of the people steering the ship. As such, we place a high priority on getting to know management...

LSOFX Q2 2021 Shareholder Letter

Current Market Environment Transitory. Anyone following the markets during the second quarter heard the word bandied about ad nauseam, and the question of whether inflation would...

Value’s Momentum: $15 Billion Quant ETF Goes from 2% to 32% in Financials

Some of the most common questions we hear from advisors today are “Can the outperformance of value stocks continue?” and “How long might the outperformance last for?” While we...

An Abundance of Speculation: 2021’s Rise of Risk Assets

Last week* we reflected on the trillions of dollars of government stimulus and monetary support that has left the United States awash in cash. The result of all of this has...

Reflections on Value’s Outperformance and Our Outlook Going Forward

After the new $1.9 trillion stimulus package was passed along party lines early in the year, the multi-trillions of dollars of government stimulus and additional trillions of...

LSOFX Q1 2021 Shareholder Letter

Current Market Environment The new year began with the Georgia Senate runoff which saw both seats going to Democrats, thereby giving the Dems an effective majority in the Senate....

Questions We Ask Before We Invest

Successful investing doesn’t have to mimic rocket science. Warren Buffet breaks it down well in his first two rules of investing:

Industry Spotlight: Property-Casualty Insurance for Commercial Lines

Businesses purchase insurance for vehicles, property, liability, and employees, among others. Workers’ compensation insurance is mandated by law, but most other coverages are...

Value Stocks as a Fixed Income Replacement

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...

LSOFX Quick Links


        Fact Sheet         

Presentation

     Analytics