BY KENT SHAW, CFA Spreading investments across multiple types of assets can mute the benefit of any single asset but it can also increase the probability of owning something that is producing attractive returns in a particular period. In the … Read More
BY KENT SHAW, CFA The P/B Ratio – Additional Distortions In our prior post, we discussed how share repurchases can impact price-to-book (P/B) ratios. Another distortion that is significant is that of an asset write-down or goodwill impairment. If … Read More
BY KENT SHAW, CFA In 1952, Patti Page sang How Much is That Doggie in the Window? The song later rushed up the Billboard music charts to number one in 1953. Clearly, those were wild times. The title of this … Read More
BY KENT SHAW, CFA The capital markets offer all kinds of opportunities, with commensurate risks, for investors and are a great place to build wealth. However, all portions of the capital markets are not created equal. The market of initial … Read More
BY KENT SHAW, CFA For this quarter, we have chosen what we hope will be an interesting topic for everyone: diversity and crowd sourcing. Diversity is a word often thrown about in terms of public policy and the need for … Read More
BY STACEY GODWIN, Chief Compliance Officer Cybersecurity has become an increasingly important focus for not only advisory firms, but for regulators as well. With data hacking and various schemes to defraud investors on the rise in recent years, ensuring the … Read More
BY KENT SHAW, CFA INTRODUCTION The adage “buy low, sell high” is a simplification of how to build wealth in the investment market. To buy low is to identify investments that are inexpensive, or “cheap” and then hold them until … Read More
BY MONTAG As this very interesting presidential election takes shape, we are getting a lot of questions about market/sector impact of specific candidates. I thought I’d outline the market pros and cons of each platform, with two caveats: (1) policy … Read More
BY KENT SHAW, CFA There are many factors that affect stock market returns but it’s helpful to have a framework where possible to simplify analysis. One such model is the example shown below where the returns of the market are … Read More
A. Montag and Associates (d/b/a MONTAG Wealth Management) is pleased to announce it was named by Bloomberg Markets Magazine to its list of “Top 50 Registered Investment Advisers”. The list appeared in the magazine’s December, 2015 edition, which they called … Read More