Over the past several years, US stock market performance has been led by a number of great technology companies.  We have always been selective, applying our quality criteria and looking…

The new year has started well, with solid economic growth, moderating inflation and positive markets.  The large majority of our companies have reported good numbers for the fourth quarter of…

Our World Stars Global Equity strategy performed strongly last year despite the geo-political and macro-economic issues, up 30.7% in US dollar terms.  As we summarize below, our positions in digital…

As the year 2023 comes to a close, we look back at a year of great challenges but also of great resilience.  Our hearts are with those who are affected…

At a time of great political and economic uncertainty and conflict, our responsibility as investors and as fiduciaries of the capital we manage is to focus on the fundamentals of…

We have been deeply affected by the attack on Israel last Saturday and the images of horror that have gone around the world.  We have always believed that it should…

This time last year we were in the midst of the storm caused by US Feds raising interest rates from close to nothing to normal levels.  We wrote then that:…

This time last year we were in the midst of the storm caused by US Feds raising interest rates from close to nothing to normal levels.  We wrote then that:…

“The basis of successful investing is the thoughtful analysis of the fundamentals “ Philip Fisher Our World Stars Global Equity strategy has done well this year.  We are not surprised…

The Berkshire Hathaway annual meeting hosted by Warren Buffett and Charlie Munger is often called the Woodstock of capitalism. We think of it more as the Lollapalooza of long-term investing.…