Independent Wealth Management
Who scrutinizes your investments, designs and tests your retirement and education plan, searches for new investment ideas, patrols insurance agents and mortgage brokers, shows you strategies designed to reduce your investment costs and income taxes, monitors your 401(k), promptly responds to your email, provides one monthly statement, day-to-day net performance across all of your accounts and does all of your paperwork...We do!
Lou Simpson WSJ Interview
Lou Simpson, has long managed the investment $4 billion portfolio of GEICO, the insurance company Berkshire Hathaway owns. He is also the only man other than Warren Buffett who has managed stock investments in Berkshire’s portfolio. Like Warren Buffett, he has a general distaste for technology stocks. He favors intensive research to find attractive companies to invest in and a willingness to bet on just a handful of stocks. In 2004, the only time that Berkshire ever stated Geico’s performance separately, Mr. Simpson over 24 years had posted a 20 percent average annual gain, surpassing the Standard & Poor’s 500-stock index by 6.8 percentage points. Mr. Simpson is known for eschewing publicity so it is a unique opportunity to learn more about him.
Rafael Velez
Keys to Investing
All investments go up – and all investments go down. Fluctuations in the markets are inevitable. Investments that offer the greatest potential for long-term growth, such as stocks, tend to have the greatest volatility. Accepting this reality can help you keep the markets in perspective.
