Blog Archive

Home
  ›  
2015
  ›  
Archive for: March
You are here:

As a former deep value analyst who studied legendary investor Warren Buffett (including traveling to Omaha for the annual shareholder meetings, a.k.a., “Woodstock for capitalists”), I always enjoy the Berkshire Hathaway annual shareholder letter.  This year marks Buffett’s 50th letter, making the reading all the more special.

There’s always something investors can learn from Buffett’s writings, but I approach the letters from a different angle.  The keen insights Buffett shares when describing how he runs Berkshire Hathaway can be applied to any business … and any family wealth.  

match-flame-Janiczek

I will be moderating a superstar panel of entrepreneurs involved with the fastest growing companies in Colorado at the Angel Capital Summit on Monday, March 16, 2015 (Davis Auditorium – Sturm Hall at the University of Denver (DU)). We will be discussing what it really takes to GROW BIG with the biggest insights and lessons learned from those who have done it.

Still time to register if you are interested in attending and learning. Great if you’re in business or interested in taking a portion of your “aspirational” assets into angel investing into potentially super fast growth companies. Go to www.angelcapitalsummit.org.

bond returns two

In our February 23rd post on the future prospects for bond investors, we stated that:

  • We don’t expect a bloodbath for bond returns going forward, but…
  • We believe the risk of rising interest rates is unappreciated today
  • Should interest rates begin a long-term upward trend, bond returns could be 50% lower than the 8.7% experienced since 1981
  • If rates rise more quickly, bond returns could be in the low single digits, even negative

In this post, we add a couple of data points to support those ideas. The first piece of evidence illustrates the complacency among bond investors that is concerning to us. The graphic below quantified the sentiment among bond investors. It’s an index comprising of a handful of surveys among retail and institutional investors alike.


*Ranked/Named among Top, Best and Most Exclusive Advisors sources: Barron's March 2016, 2015, 2014; Advisory HQ March 2016; Financial Times June 2015; Five Star Professional November 2015, 2013, 2012,2011, 2010, 2009; Mutual Funds Magazine January 2001; NABCAP September 2010, 2011, 2013; Worth Magazine July 2002, January 2004, October 2004, October 2008; Wealth & Finance International, October 2014. Rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Janiczek Wealth Management is engaged, or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of Janiczek Wealth Management by any of its clients. Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized adviser.

Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Janiczek Wealth Management), or any non-investment related content, made reference to directly or indirectly on this website will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this website serves as the receipt of, or as a substitute for, personalized investment advice from Janiczek Wealth Management To the extent that a viewer has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Janiczek Wealth Management is neither a law firm nor a certified public accounting firm and no portion of the website content should be construed as legal or accounting advice. If you are a Janiczek Wealth Management client, please remember to contact Janiczek Wealth Management, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services. A copy of the Janiczek Wealth Management current written disclosure statement discussing our advisory services and fees is available upon request.

TM & Copyright 2017, Janiczek Wealth Management. All rights reserved.