After the new $1.9 trillion stimulus package was passed along party lines early in the year, the multi-trillions of dollars of government stimulus and additional trillions of monetary support by the Fed left the United States awash in cash. As can be seen in the chart below, the U.S. money supply...
Read More
The volatility of 2020 is still fresh in people’s minds.
On March 12th, 2020, the S&P 500 had it largest single-day percentage drop since the 1987 stock market crash, falling 9.5% in a single trading session.
This infamous record was short lived, as four days later on March 16th, the S&P 500 fell...
Read More
Successful investing doesn’t have to mimic rocket science. Warren Buffet breaks it down well in his first two rules of investing:
Rule #1 – Don’t lose money; Rule #2- Don’t forget Rule #1!
We adhere to this principle, and our entire investment process revolves around the idea of limiting downside...
Read More
Prospector approaches value investing from a credit perspective, with an emphasis on value-based principles and bottom-up fundamental analysis.
Our in-house, deep dive research is key to our approach, focusing on regulatory and statutory statements when available, in addition to GAAP.
We look at...
Read More
After graduating with a degree in mathematics and pursuing a job as a teacher, Steve Labbe could have never predicted he would spend the next 16 years working for a sell-side research firm and eventually become a portfolio manager at Prospector Partners.
Like many people, his non-traditional...
Read More
If you were working in the investment industry during the late 1990s, what were some of the most excessive, unreasonable market events you remember? Here are some that may jog your memory:
![[PODCAST] The Prospector Flavor of Value Investing with PM Jason Kish](https://5380523.fs1.hubspotusercontent-na1.net/hub/5380523/hubfs/Blog%20Images/2021.01%20Prospector%20Blog%2073%20Podcast%20LinkedIn.png?width=400&name=2021.01%20Prospector%20Blog%2073%20Podcast%20LinkedIn.png)
On a daily basis, investors are exposed to a lot of numbers and a lot of information, but it should be known that portfolio evaluation goes beyond just the stats.
Read More
Nervous about the high-flying valuations of technology stocks and interested in more attractively valued sectors? Two of our three most popular blogs of 2020, below, tackled these themes, while the third featured a popular podcast featuring our founder John Gillespie and how he wound up starting...
Read More
Prospector Partners Portfolio Manager Kevin O’Brien, CFA, and Havener Capital Partners Founder & CEO Stacy Havener recorded a podcast in which Kevin elaborates on his backstory as an analyst and co-portfolio manager of a flagship Neuberger Berman mutual fund, among many other topics.
By listening...
Read More
In part one of our blog series Why the Rally in Bank Stocks Can Continue, we discussed the improving clarity on loan losses and reserve levels, and we began examining the potential for cost saves. This week, we continue where we left off.
Cost Savings
Another way we expect banks to capitalize on...
Read More
