Next generation “Great Investor” Matthew McLennan, Head of First Eagle investment Management’s Value Team and co-portfolio manager of the First Eagle Global Fund is an avid student of history and financial history. I asked him what has been reading recently that was of particular interest. His recommendations take us back to two of the financial […]
Guests
MCLENNAN: PATIENT INVESTING
A next generation “Great Investor,” First Eagle Global Fund’s Matthew McLennan. First Eagle is known for its value-oriented, margin of safety approach and making preservation of capital its first investment goal. McLennan assumed the role of Portfolio Manager of the First Eagle Global Fund in late 2008 from investment legend, Jean-Marie Eveillard. The now $50 billion plus fund is rated four-star by Morningstar. Over the last five years, with McLennan on board, it is ranked in the top ten percent of its world allocation category. McLennan explains why he is currently finding markets around the world expensive, and why “patience” is his best investment idea.
CLEMENTS: MONEY GUIDE
As it’s pledge season on public television, this week on WEALTHTRACK we are re-visiting a program about the unique difficulties women face in achieving long-term financial security. Two award-winning financial advisors explain what every woman needs to know to build a financial plan to last a lifetime.
New here on WEALTHTRACK.com this week: The Wall Street Journal’s must read personal finance columnist, Jonathan Clements has distilled twenty-five years of experience into one, soon to be published e-book and hard cover. His Jonathan Clements Money Guide 2015 will be finished and ready to go at the stroke of midnight on December 31st. There is much to celebrate.
WATCH NOW…
GARDNER ON 3D PRINTING
As it’s the fund-raising season on public television, we are re-airing a show about a hot investment area – alternative investments.
Also this weekend, a web exclusive. Brothers Tom and David Gardner, Co-Founders of The Motley Fool, the largest online investment advisory service in the world are always on the lookout for exceptional companies to invest in for the long-term. But every once in a while a new technology comes along, with so much potential, that it’s hard to determine who the ultimate winners and losers will be.
CORPORATE RESPONSIBILITY?
We are tackling one of the most debated issues in business, what is the primary responsibility of corporations? Is it to maximize shareholder value as it is now, or also serve the interests of other stakeholders including customers, suppliers, employees and the community?
GREENBLATT: VALUABLE BREAK
In 1995, after ten years of running the extremely concentrated hedge fund, Gotham Capital, Great Investor Joel Greenblatt and his co-manager decided to give the money back to outside investors and take it private. In addition to continuing to run the fund, what else did Greenblatt do with his time? As it turns out, plenty! […]
