Since the surprise Trump election last fall, we have had a few months to digest and reflect on the new world we are in. While our first instinct was to buy any dip after the announcement, clearly most agreed with us, and the market has appreciated significantly since then. Very quickly expectations for reduced regulations (financial, energy, etc.), rate hikes, lower taxes, and fiscal stimulus were discounted by the market.
This week, we chat with Danesh Rohinton, our global financials analyst. As Steve mentioned in his March 30 blog (“Around the world in search of the best companies”), a number of Cambridge team members have been travelling the world recently. As the title of Steve’s blog indicates, many team members were on due diligence trips, meeting management teams and doing site visits in search of solid companies and evaluating the risk/reward opportunity sets they present.
If you’ve been following our blog, you know how privileged we feel to be able to manage funds on behalf of our clients. For this reason, we are always looking for ways to improve our value proposition and be worthy of your continued faith in our team and process.
Today, with our team top of mind, I am excited to formally announce two new Cambridge team members. Both gentlemen bring extensive industry experience, but just as importantly, a passion for investing:
Dear clients and advisors,
As 2016 comes to an end, I would like to take a moment to reflect on an amazing year that has seemingly come and gone in the blink of an eye. Years down the road, I think we will look back on 2016 as a very important year in Cambridge’s history.
This year, our team took a significant leap forward as we expanded our sector coverage and integrated some incredibly thoughtful, driven and all around good people to the team:
Joining me in this instalment of the video blog is our financials analyst Danesh Rohinton:
In September, we began discussing some of the highlights from our business trip to Japan. As promised, we wanted to share a bit more with you about our meetings and some of the potential we see there for uncovering core companies.
When we look for new businesses, we target three characteristics:
In case you missed it on Wednesday from CI, here are our thoughts on Donald Trump's victory.
The following piece was written by myself and Bob Swanson, Principal & Chief Market Strategist.
