Art of Boring

The deglobalization shift, long-term opportunities we're seeing in utilities, and what's interesting about gravel. Highlights: Impacts of currency swings and a strong U.S. dollar at the portfolio and company level Why we're shifting to more domestic companies: E.g., Texas Instruments, Martin Marietta, Paychex The long-term runway potential for utilities—and renewables: E.g., Southern Company, AEP,...

The "Swiss cheese" mental model for risk management, why we initiated in Moderna, and how to test if you have a variant perception from the broader market.

Market swings, central bank moves, and rising interest rates. A look at Q3.

What makes the U.S. mid cap investable universe unique, some key learnings since the strategy's launch, and how inflation can be a "positive" for wealth-creating companies.

Why small caps may zig while large caps zag, the advantage of businesses that sell scarce skills (CBIZ, Insperity, RS Group), and why eyewear retail is harder than it…looks.

The impacts of inflation, interest rates, and sharp currency movements on the portfolio, and the importance of leaning in to process and keeping a long-term perspective.

The team debates the thesis that renewables are becoming "cheaper" than traditional energy sources, unpacks why the ultimate cost to the end consumer shouldn't be missing from the conversation, and delves into the investment implications.

Inflation, interest rates, the valuation correction, bias creep, and "sticking to our knitting." A full dive into Q2.

CIO Paul Moroz unpacks the foundational components to better decision making for investing, business, and life.

Lead Portfolio Manager, Crista Caughlin, on what's happening in bond markets, a look at inflation and interest rates, and the key scenarios we're monitoring.

Opportunities and risks we're seeing in energy, rail, and financials; why we exited Shopify; and a few team learnings.

What DevOps is and why it's a theme with investment potential.

On building a "global investment franchise" and balancing the trade-offs between creativity, efficiency, and process to build a consistent environment for better investment decisions.

Russia, the potential parallels to Taiwan and China, and macro to micro portfolio considerations in an inflationary environment.

iTunes: CIO Paul Moroz shares his take on what's happening in the markets, some of the underlying factors behind recent performance, and a reminder that the wheels of capitalism will continue to turn.

Portfolio Managers Grayson Witcher and Colin Wong share market observations, industries where fundamentals are shifting, and a few recent additions to the portfolio.

Jim Hall (chair, head of our risk management process, and portfolio manager) shares his overall observations on prevailing macroeconomic risks—and the effects on our process and the EAFE large cap portfolio.

How we achieve balance in the portfolio, manage hubris, and have accounted for inflation risk in our investment process.

Chief Investment Officer, Paul Moroz, reflects on notable learnings from 2021 and how time and experience still clarify the most in investing—and life.

Our systematic assessment framework to narrow the probabilities in analysing fast-growing technology companies in an effort to improve our odds of identifying those elusive "holy compounders."

The major themes of Q4 and a look ahead to 2022.

Inflation cycles throughout history, Keynes vs. monetarists, and why the enemy is…still us.

Global debt, China's credit cycle, shifting monetary and fiscal policy objectives, and the three scenarios we are thinking about this year

Impacts of higher inflation and interest rates and the benefits of an integrated research team.

Inflation risk, slowing global growth, and the un-globalization trend—a review of Q3.