It looks like you're new here. If you want to get involved, click one of these buttons!
Clements will give us his perspective on the much-changed financial climate we find ourselves in and offer portfolio and financial planning adjustments for rising interest rates and inflation.
We have a new guest on WEALTHTRACK with a long and distinguished track record of investing in high-quality, dividend-paying stocks. She is Clare Hart, who Morningstar calls “one of the industry’s most impressive managers.” Hart has been the Lead Portfolio Manager of two highly-rated funds since 2004. Hart will discuss the benefits of focusing on quality and dividends, particularly in a difficult market environment.
As the markets fluctuate around us, how much should investors change?This week’s guest has his own historical perspective on that question because he has lived through a momentous evolution in the markets. He is Charles Ellis, whose storied career started on Wall Street in 1963 after graduating from the Harvard Business School. He was a skeptical analyst during the go-go years of the 60s and founded Greenwich Associates, the top Wall Street consulting firm to major investment firms, institutions, and governments.He was an influential board member of Yale’s endowment advising its legendary head, David Swensen. He’s taught advanced investment courses at both Yale and Harvard. And he has authored 20 investment books, including the classic, Winning the Loser’s Game, now in its 8th edition, and the recently published Figuring It Out: Sixty Years of Answering Investors’ Most Important Questions, which we will discuss in this week’s exclusive TV interview. In the first of a two-part interview, Ellis will discuss the most significant changes that have occurred in the markets and what they mean for investors.
This week’s guest has long been an avowed enemy of inflation and an outspoken critic of the Fed’s inflation-boosting policies. How is he feeling now? Grant will discuss the Fed’s about-face on inflation, the battle it faces to bring it under control, the implications for financial markets, and two investment ideas for this new investment era.
bee said:Dec 3rdRepeat of old shows…
Dec 3rdRepeat of old shows…
Crash said:Old show? They put 02 Dec. '22 date on the booger.https://wealthtrack.com/warren-buffetts-enduring-influence-is-explained-by-successful-global-value-investor-tom-russo/
Old show? They put 02 Dec. '22 date on the booger.https://wealthtrack.com/warren-buffetts-enduring-influence-is-explained-by-successful-global-value-investor-tom-russo/
© 2015 Mutual Fund Observer. All rights reserved.
I also listened at Bob Arnott’s interview, who is really the opposite to that of Giruox. It is good to listen to different perspectives.
...Yes, both stocks and bonds are down TOGETHER. Clements insists on owning a global index fund. I just cannot be so very passive. And besides, foreign stuff won't translate as much profit in dollars these days, since the greenback is flying so high. I'm just 9% foreign, now, myself.
I'm heavy on stocks. Bought early in the year before things went south. sticking with them on the ride back upward, when it happens. The last few days ARE, I fearlessly predict--- a head-fake. AGAIN.
Since 2004, Clare Hart has been the lead manager for several JPMorgan mutual funds, Equity Income (A share, OEIIX) and US Value (A share, VGRIX). Quick review on their performance records indicate they are very respectable. YTD, OIEIX and VGRIX are -3.81% and -3.63%, respectively; and they lead VG value index, -4.1%.
Well articulated interview:
1. She knows her companies inside
2. Companies must pay at least 2.2% dividend at the time of investment
2. She invests in “quality” companies who focus on return on investment than just the profit margins
3. Health care company selection is well thought out than those growth-oriented fund managers
A new development from JP Morgan is that they are launching new actively managed ETFs. Clare Hart is managing JPMorgan Active Value ETF (JAVA), an active equity ETF managed by Clare Hart, Scott Blasdell, David Silberman and Andrew Brandon. Not sure if JAVA is a clone to the OEFs, but its performance tracks them closely.
That said, Matthew Hand at Wellington Management has been managing the fund for only about a year. BTW, OIEIX is only available to existing shareholders.
Strange that JPMorgan doesn't show JAVA on its active ETF page, but can be found on the JPM website.
JPM Active ETFs https://am.jpmorgan.com/us/en/asset-management/adv/investment-strategies/etf-investing/capabilities/active-etfs/
JAVA at JPM https://am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-active-value-etf-etf-shares-46641q167
@yogibb, through research of Clare Hart, I found JAVA which is interesting since there are fewer actively managed ETFs than the passively managed ones. I don’t know how much overlap between JAVA and their OEFs, and if they would track each other going forward.
I plan to read his new book - "Figuring It Out: Sixty Years of Answering Investors' Most Important Questions."
and listen to:
Repeat of old shows. Another feature of Wealthtrack is Webextra. Some of these short investment points may be of interest.
I'm guessing that you just forgot to add the link, @bee.
You'll see: WEALTHTRACK Episode #1913 broadcast on September 23, 2022.