A Fiduciary Asset Manager for the New Economy
A couple will typically part ways when they no longer want to be intertwined with one another, but another thing can end a couple. Two people sufficiently in love that ultimately give up on spending time together because of distance or anything else can potentially end in tears, too. There are some interesting parallels with…
DetailsMore data has been generated in the last two years than in recorded history. 5G is going to create the next megatrends in technology.
DetailsA big-time mega trend is in place: India is China in 2001. Economic growth is booming in India and the country has major tailwinds at its back that are going to be unrelenting over the next 5+ years.
DetailsWarren Buffett has never invested into a single stock because of its dividend in his 70+ years of investing. Neither has his partner, Charlie. There isn’t a single person on the Forbes 100 richest list that got there as a dividend investor, either. In the case of Warren, ninety-nine percent (over 99%!) of his wealth…
DetailsLucara Diamond is a classic FMT Investment Advisory Special Situation. The business has the following characteristics: An aligned management team and board of directors who own 21% of the common shares Profitable (has paid out $257 million in dividends since 2014) A strong balance sheet with no debt An attractive valuation (9.7x TTM earnings) with…
DetailsI believe we are sleepwalking into a major rally… oil is undersupplied by at least 500,000 barrels per day. Crude inventories are depleting and the decline curve (well depletion) never sleeps. Meanwhile, oil companies haven’t been this cheap versus the WTI spot price in 25-30 years. As for the macro, summer travel is upon us,…
DetailsAfter having studied Warren Buffett while also observing investor personalities as a money manager, I believe there are two primary investment traits that Warren Buffett has that most simply do not possess: He intrinsically understands time is the friend of good businesses and the enemy of bad businesses He is focused on the long-term Identifying…
DetailsOver time (typically between 6 months and 3 years), stock prices will approximate the intrinsic value of the businesses they represent. If you’re a speculator or you base your investment decisions on emotion, intrinsic value means absolutely nothing to you and we wish your hard-earned money well with your magic eight ball. And if you…
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