Spotify: October Monthly Commentary

Spotify: October Monthly Commentary

Richard Wertheimer and Clint Dodson, provide insights on the performance and investment strategy of Fort Street Asset Management. They emphasize the importance of defensive positioning in the fund and diversifying investments across various buckets to mitigate risks. They note the aim is to protect assets, and they never bet everything on a single strategy or investment.

They discuss the performance of their fund in October, which outperformed the S&P 500 and a 60-40 blend in a declining market. They attribute this resilience to their defensive stance and diversified approach. The conversation shifts towards the broader economic landscape, with concerns about rising interest rates, inflation, and geopolitical risks.

Spotify: October Monthly Commentary

Spotify: September Monthly Commentary

In this episode, Richard Wertheimer and Clint Dodson share insights on various topics. They start with a light-hearted discussion about personal updates, including Clint’s recent achievement of a level two certificate in guitar playing. They also humorously envision starting a Mariachi Interpretive Dance Fund.

Moving on to market performance, they acknowledge the recent challenges posed by rising interest rates and the impact on both bonds and equities. The discussion delves into the complexities of managing portfolios in this shifting economic landscape, emphasizing the importance of a diversified and multi-pronged approach.

The hosts touch on the ongoing labor strikes and wage pressures, highlighting the potential inflationary impact. They stress the need for a measured outlook, recognizing the strength of the economy despite these challenges.

The episode also addresses the current political climate and its potential effects on the economy, as well as the ongoing transition to renewable energy sources and the significance of commodity investments.

Lastly, they share personal updates, including travel plans and new hobbies. Richard mentions his upcoming trip to Asia, while Clint talks about his goal of dunking a basketball and his newfound interest in guitar playing.

Spotify: October Monthly Commentary

Spotify: August Monthly Commentary

In this podcast episode, Richard Wertheimer and Clint Dodson discuss various topics, including market performance, investment strategy, and personal updates.

They mention that September tends to be a weaker month for markets historically and discuss their approach to managing portfolios during this period. They highlight the importance of being cautious and prepared for potential market fluctuations.

Additionally, they touch on topics like inflation, geopolitical considerations, and the significance of tactical pauses in decision-making. The hosts also share personal updates, such as travel plans and hobbies like reading and exploring new interests. They conclude by discussing the recent tragedy in Maui and emphasize the importance of helping those affected.

Please consider donating to the Red Cross earmarked for Maui. [Link here]. They’re committed to spending it all and setting up long-term operations for ongoing recovery. Additionally, Maui Humane Society is helping animals, providing medical assistance and shelter. [Link to donate here]

Standing Together for Maui

Standing Together for Maui

Dear Fort Street Friends,

Our hearts go out to Maui as it faces the aftermath of the recent fires. In these trying times, we’re taking action. To kick-start our support, we donated to the Hawaii Community Foundation. Additionally, we plan to volunteer for cleanup efforts in the coming weeks.

If you know of any local organizations, relief efforts, or initiatives assisting with the Maui fire recovery, please do not hesitate to share the information with us. Together, we can make a difference and provide support where needed most.

If you or your network can contribute through donations, volunteering, or resources, let’s rally together. Please share your thoughts and plans with us. Together, we can help Maui rebuild and recover.

With unity,
Richard, Clint & Brenna