by Kerri Fronczak
Share
by Kerri Fronczak
Share
In addition to providing updates on strategy performance and portfolio changes, we look at the current economic crisis brought on by the outbreak of COVID-19 as well as the possible innovation-driven path to recovery. We see our investment process particularly well suited for this environment.
STAY IN THE LOOP
Subscribe to our free newsletter.
-
Twenty AI-related stocks have driven most of the Russell 1000’s $32 trillion three-year gain despite little free cash flow growth behind them. We also look at the risk rising interest rates pose to elevated equity multiples and company fundamentals. VIEW/DOWNLOAD
-
We look at the extreme recent outperformance in momentum stocks and the resulting disparities in valuations between certain perceived beneficiaries of artificial intelligence and a growing set of very attractive valuations of high quality companies outside of that space. VIEW/DOWNLOAD
-
We examine the mechanics of our cash-flow valuation approach, the source of returns for long-term investors, and how systematic rebalancing improves portfolio fundamentals, the ultimate driver of returns. VIEW/DOWNLOAD
-
We look at the significant recent contribution to equity returns coming from valuation expansion in a historical context and what it might mean for forward returns. VIEW/DOWNLOAD
