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☆ Charlie Munger's acumen, wisdom and irreverence: Investors mourn the loss of one-of-a-kind legend
▼ + stars: | 2023-12-02 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

As Charlie Munger's admirers around the globe mourn the loss of one of the most influential investors ever, a deep sense of gratitude and appreciation has spread — for his unparalleled business acumen as well as his uniquely sharp tongue. Munger, Berkshire Hathaway's vice chairman who died Tuesday one month shy of his 100th birthday, left a mark on generations of investors in a host of ways thanks to a long and fruitful life. First and foremost, Munger's investment philosophy rubbed off on none other than Warren Buffett, giving rise to the sprawling conglomerate worth almost $800 billion that Berkshire is today. Munger long emphasized the importance of recognizing a good business before it's widely seen as such, and he did so many times in his storied career. Munger was also a loyal supporter of Costco Wholesale Corp ., calling it one of the best investments of his life.

Persons: Charlie Munger's, Warren Buffett, Munger, Buffett, Bill Stone, Matt McLennan, Charlie, McLennan Organizations: Munger , Berkshire Hathaway's, Glenview Trust, First Eagle Investments, CNBC, Berkshire, Costco Wholesale Corp, Price Club Locations: Munger , Berkshire, Berkshire, Glenview

☆ How to make your money work for you over the next decade
▼ + stars: | 2023-11-28 | by ( James Faris | William Edwards | ) www.businessinsider.com time to read: +16 min

"If there is a regime shift, then what has worked could be quite different from what does work," McLennan said. That means the growth stocks that dominated for years may come back to earth in the mid-2020s. He also recommends that investors diversify away from growth stocks that thrived under low rates and instead broaden out to value-oriented names. Valuations explain 80% of a stock's returns over a decade, according to Bank of America. Smead sees energy in stocks in Canada also outperforming in the coming decade, as well as European banks.

Persons: —, Peter Bates, Rowe Price, Damanick Dantes, We're, Dantes, you've, He's, Matt McLennan, McLennan, Kimball Brooker, Morningstar, Nicola Stafford, Stafford, it's, Molina, Bates, Russell, Cole Smead, that's, Phillip Colmar, Colmar, Bob Doll, Doll, Smead, Michael Sheldon, Sheldon, who's, there's, Chris Chen, Chen, Roth Organizations: Service, Business, Global, International, McLennan, First Eagle Global Fund, Eagle Investments, Goldman, Asset Management, Stock, Molina Healthcare, Vanguard Value, Healthcare, Bank of America, Comerica Wealth Management, MRB Partners, Canadian, Crossmark Global Investments, BlackRock, Energy, P Bank ETF, RDM Financial, Social Security, Social, Insight Financial, Trust, IRA Locations: Canada, Colmar, United States, Canadian, Europe, Treasuries

☆ A pair of fund managers who've beaten 97% of competitors in the last 15 years share 4 top investments to score safe, solid returns in a market driven by speculative AI stocks
▼ + stars: | 2023-07-13 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Here are four investments to make right now with stocks at risk of giving up their gains. "When we see windows of market distress, we tend to have a range of different opportunities to deploy that cash," McLennan said. If foreign currencies continue to strengthen relative to the dollar, the fund managers think international stocks could take off. Perhaps that's why, of their four favorite investments to make right now, three are international stocks. All three of the stocks McLennan and Brooker are most bullish on are all trading at discounts despite being leaders in their fields and having strong leadership teams, they said.

Persons: Matt McLennan, Kimball Brooker, McLennan, it's, Morningstar, Brooker, there's, they're, Wednesday's, Goldman Sachs, they'll, They've Organizations: Eagle Global Fund, Federal, McLennan

☆ Investors looking for value should watch Japan, says First Eagle's McLennan
▼ + stars: | 2023-07-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors looking for value should watch Japan, says First Eagle's McLennanMatt McLennan, First Eagle, joins 'The Exchange' to discuss where McLennan is looking abroad for 'value' stocks, how McLennan's thoughts about Meta's new application Threads, and more.

Persons: Eagle's McLennan Matt McLennan, McLennan Locations: Japan

☆ Gold is an important hedge against currency weakness, says First Eagle's Mall McLennan
▼ + stars: | 2023-04-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGold is an important hedge against currency weakness, says First Eagle's Mall McLennanMatt McLennan, First Eagle, joins 'The Exchange' to discuss sovereign credibility crisis and the risk of the banking crisis fallout.

☆ Here's how to pick winning stocks that can help your portfolio survive a recession, according to the managers of a $42 billion fund that beat 92% of peers in the past decade
▼ + stars: | 2022-11-05 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Matt McLennan and Kimball Brooker have guided their fund to a top 8% performance in the past decade. That's in sharp contrast to Matt McLennan and Kimball Brooker, co-managers of the $42 billion First Eagle Global Fund (SGENX). "What you'll find is that the amount of whatever it is that we're collecting never becomes large enough to do too much damage to the portfolio," Brooker told Insider. Those first two points are often prioritized by managers seeking quality stocks, but fewer fund managers target those latter two attributes. Fund managers should carefully consider a stock's long-term outlook instead of simply whether or not it diversifies and lowers the volatility of a portfolio.

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