Financial and Investment Advisors to Families

In a financial world where clients have become mere account numbers, and the new emphasis rests on mass-marketing investment products and gathering “Assets Under Management,” we continue to deliver the attentive personal service of a knowledgeable and dedicated family advisor.

We believe that we are better investors because of our heritage as advisors to families and the long-term perspective it requires, and we are better family advisors because we possess the deep understanding and experience of real-life, active investing.


Your Quality of Sleep

February 19, 2020

I am often asked what I believe matters most in investing. I surprise many listeners when I say it’s the quality of sleep. From every single stock we pick to the portfolio as a whole to a family fortune, quality of sleep is what matters most. There are days when I don’t check our stock prices. I know what we own, and we are comfortable with those selections. If I had to, we could go for weeks or months without checking prices on our stocks. It’s an incredible peace of mind to know what you own, and why.
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How does a stock end up in our portfolio?

February 11, 2020

I love this question. A prospective client asked me recently, a very simple, yet profound question. How does a stock end up in our portfolios? Whenever I get asked about what we do, my face lights up, and if you only have the time, I can share with you the adventurous journey each of our stock picks took before it ended up among our portfolio holdings. The beauty of our process is how repeatable, and simple it is, yet far from easy to execute.
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Beyond The Headlines

Investing in times of pandemic

March 23, 2020

The last few weeks have felt like years to most of us. Out of nowhere, we have been wakened from a low-volatility, 11-year-old bull market to a stormy market crash. We’ve seen record-breaking daily moves, mostly downward. Three years of gains have been erased from the major indices in as many weeks, a process that feels like taking a slow escalator up and a fast elevator down.
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Bring out the towels

March 18, 2020

Warren Buffett famously quipped that we only find out who had been swimming naked when the tide goes out. During the spectacular bull market since 2009, many “professionals” and people relying on their advice had been insisting that we were holding too much cash in our accounts. Our guess is that many naked swimmers who followed their advice are now beginning to sell shares indiscriminately out of either panic or lack of liquidity. Nothing new there: this is what typically happens after periods of greed, thoughtless complacency or fear of missing out in a rising market.
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