CNBC Power Lunch – Tech on a Tear 2.8.17
The Nasdaq market continues to post new highs, but what types of technology companies are poised to push it higher? Will it be value-tech of growth-tech? Are you wondering what the difference is?
Fourth Quarter 2016 Commentary and Performance
There is no sugar coating the obvious. In a complete reversal of our strong absolute and relative results from 2015, this year was an outright disappointment for the Broadleaf Growth Equity Portfolio and many other growth fund managers. While we were essentially flat for the full year, the degree to which we underperformed in 2016 […]
Brexit is Beautiful, Act 2
The results of last night’s election are no doubt worthy of an Economic Update. As I shared my initial thoughts with others on Facebook last night – the possible reason behind the Trump surprise and the likely impact on the financial markets today – I found it far easier to re-post what I had written […]
Third Quarter 2016 Commentary and Performance
We enjoyed a nice third quarter rebound following the second quarter, Brexit-induced swoon. The market’s returns were relatively narrow; technology as a whole did very well and select positions within the health care and consumer discretionary sectors helped our portfolio relative to the market. On a year to date basis, we are finally back into […]
Second Quarter 2016 Commentary and Performance
The markets continued to recover from their first quarter lows, but there is no doubt that it has not been easy going with last week’s Brexit decision the most recent speedbump in a sideways market now over eighteen months in duration. For further information on the second quarter and our investment outlook, please view a […]
Brexit is Beautiful
Brexit is not the end of the world, but the beginning of a new future. The financial markets will get rocked in the short run, but the excitement I feel for a country making an active decision to endure the well advertised short term pain for what it believes to be a superior long term […]
Getting Your Ducks in a Row
The behavior of the markets over the course of the last six weeks has reminded me of the phrase “getting your ducks in a row.” While I know the analogy may not be a perfect fit for what I perceive is occurring in the markets, to me, it nevertheless feels right. “Getting one’s ducks in […]
First Quarter 2016 Performance and Commentary Review
The first quarter was a tale of two halves. During the first half, the stock market came under significant pressure as oil prices fell to new lows, broader credit concerns became elevated, and recessionary risks rose. The second half was marked by a bounce in oil prices on a hoped for production quota agreement from […]
What If?
After a brief upswing, the markets were caught in a downdraft last week with many of the innovative growth companies we own coming under significantly greater selling pressure. In the past, I’ve noticed that growth stocks, particularly those that are innovators and less susceptible to economic pressures, tend to do well in all types of […]
What We’re Thinking
The markets are off to a rip-roaring start this year — in the wrong direction. We are hearing all sorts of sensationalized firsts, including the fact that we just endured the worst first few days of January on record. While this is a painful fact, it is also one that is perhaps more sensationalized than […]