The S&P ended 2016 up 12.0% while the Russell 2000 Index managed an astonishing 21.3% gain. Earlier in the year, we noted rampant pessimism and ample cash on sidelines could provide fuel for upside. In the end this proved to be the case, perhaps even more so than we anticipated.
- Davenport Asset Management Research Analyst Kevin Bennett gives his thoughts on the housing industry.
Market Update: Perspective on 2016, the "Trump Trade," and a Theme for 2017
A look at rising interest rates and the Davenport Balanced Income Fund
- A look at post-election themes and the Davenport Small Cap Focus Fund
3rd Quarter Market Update
Market Perspectives: Thoughts on the Election
- With the Presidential election quickly approaching, negative rhetoric is likely to increase between now and November. We have found the benefit of ‘Time IN the Market’ far outweighs ‘Timing the Market’ based on such events.
Market Perspectives: "Brexit"
The U.K.'s exit looks to be a lengthy and complicated process that may result in less change than people expect
Portfolio Insights: Value & Income
- George Smith discusses the importance of Investment Flexibility within the Value & Income Portfolio
Johnson & Johnson is Cradle to Grave
Mike Beall gives a 50-year recap of this Legacy Investment and explains why it is a Core Holding in more than one of our portfolios
Mike Beall identifies factors used to differentiate ‘Value Situations’ from ‘Value Traps’
Aligning Management Teams with Shareholders for Long-Term Success