by Sam Haskell | Mar 25, 2022 | Corporate Governance
We will begin with a picture: The Fed Funds rate has been zero for two years, and prior to that about 8 years. In this rising rate backdrop there are two reasons banks may perform well vs the broader market. Specifically, Bank EPS tends to do better than the broader...
by Sam Haskell | Feb 25, 2022 | Corporate Governance
Bank investors have outperformed the broader markets by over 10% so far this year, and those of us hidden in the corners owning small, well-run banks may be doing a bit better. (banks in yellow vs S&P 500 in red below) With that said, we need to bring our...
by Sam Haskell | Jan 24, 2022 | Corporate Governance
Below are a few simple lessons I have learned over the years that may help you as you consider your portfolio during the current “turn” in markets. Be aware of the quality of the businesses you own. Don’t assume a stock “will always come...
by Sam Haskell | Dec 22, 2021 | Corporate Governance
First, I will not get to speak to most of the folks reading this, but if you celebrate Christmas I wish you an enjoyable holiday, hopefully surrounded by friends, family or both… Most of us know how compounding works. The rub is how difficult it is to apply. Out of...
by Sam Haskell | Nov 8, 2021 | Corporate Governance
From time to time I will write about client positions, not as investment advice but to share some of the lessons we learn from inside the sector. Your comments or outreach are welcome via our contact page. As flexes go, the above paragraph above, hidden at the bottom...
