by Randall Coleman, CFA Portfolio Manager, CFA Hi. My name is Randall and I am an addict: I ride my bicycle long distances. I’m not one to brag, but most people that I know agree that riding a bike 200 miles in a single day qualifies as a “long-distance endurance event.” I completed my 64th...Read More

by Kevin Kern Managing Partner In the Spring of 2018, the S&P 500® was trading at a forward P/E of 17.3X. The stock market was a little rich in valuation but arguably warranted as earnings were still trending upward and employment surging. At that time we took a look at our private account valuations in...Read More