Blog
Peloton 2020 Q3 Recap
Despite giving back some ground in September, the broad stock market rebound from the sharp March-April COVID selloff continued in the third quarter. In fact, the S&P’s nearly 9% gain in Q3 more than erased the early losses, leaving the index solidly positive for...
Election Outlook
The race for the White House and control of Congress will be determined in less than 50 days. As election polls tighten, President Trump and former Vice President Joe Biden will battle for the 270 of the 538 Electoral College votes needed to be elected. As for the...
Passive Investing is Popular Now and Peloton will Never do it – Here’s Why
Legendary value investor Warren Buffett has always been an active manager – buying stocks of individual companies. However, during Berkshire Hathaway’s 2020 annual meeting, he reiterated advice he has offered in prior years: “For most people, the best thing to do is...
The Narrowest of Markets
Background As of July 31, 2020, the Standard and Poor’s 500 Total Return Index® (including dividends) was up 2.49% year-to-date. Given the speed and depth of the drop to the March 23 low, it might seem like a minor miracle that we have positive return year-to-date at...
Peloton 2020 Q2 Recap
For the Peloton team and our families, like our clients and friends, last quarter was a blur. Everything has been so dominated by the COVID-19 outbreak and efforts to contain the virus, it seems strange to discuss anything else. Self-imposed shutdowns of varying...