Our Commentary
by Ronald Redfield | Jan 26, 2021 | Uncategorized
The PDF linked below gives a user fairly detailed information on our investment philosophies, performance results for the last 23 years, largest holdings, largest holdings at year end 2020, largest gains in 2020, largest losses in 2020, and a plethora of other...
by Ronald Redfield | Jul 16, 2020 | July 2020
July 15, 2020 DJIA 26,870 S&P 500 3,229 10-Year Treasury 0.63% Dear Clients and friends, This letter is a mid-year update, which accompanies your semi-annual reports. We hope that you and your loved ones are safe from Covid-19. Here is a PDF version of this...
by Ronald Redfield | May 22, 2020 | accounting, Tax, Taxation
Click here for PDF version of 2020 RMD Letter May 26, 2020 Dear Client, We hope that you and your family are all safe and healthy during this very unfortunate time. Over the past few months, the government has passed numerous pieces of legislation in hopes of...
by Ronald Redfield | May 15, 2020 | CDs
May 15, 2020 DJIA (23,436) S&P 500 (2,831) 10-Year Treasury 0.64% We hope this email finds you safe and well. All is good on this side. I have been working remotely since the middle of March. As we have mentioned or written to all of our investment clients, we...
by Ronald Redfield | Apr 13, 2020 | Investing
April 13, 2020 DJIA 23,719 S&P 500 2,790 10-Year Treasury 0.73% Dear Clients and friends, We wanted to give an update on how we are approaching the management of our client’s portfolios during this difficult time, with the world’s economies essentially shutting...
by Ronald Redfield | Mar 9, 2020 | Investing, Value Investing
March 9, 2020 DJIA (24,100) S&P 500 (2,773) The following notes are two recent posts from our Facebook page. The intention of this note is to keep our clients in touch with our views during these volatile times. March 9, 2020 (DJIA 24,100) Just a quick update on...
by Ronald Redfield | Jan 10, 2020 | Cannabis, conference, Investing, Presentation, Seth Klarman, Value Investing, Warren Buffett
The PDF linked below gives a user fairly detailed information on our investment philosophies, performance results for the last 22 years, largest holdings, largest holdings at year end 2019, largest gains in 2019, largest losses in 2019, and a plethora of other...
by Ronald Redfield | Nov 27, 2019 | Cannabis, conference, Investing, Presentation, Value Investing
November 27, 2019 Dear Client and/or Friend, We held our 9th annual investment conference on October 24th. Thanks to those who attended our conference, and helped make it a success. As always, the participants had a fun and informative evening. We have attached our...
by Ronald Redfield | Oct 1, 2019 | conference
We are having our annual free dinner, drinks and investment conference on Thursday, October 24th. It is typically a fun night of eating, a few drinks, all free. I give a brief discussion on value investing, along with some recent thoughts and strategies we are...
by Ronald Redfield | Mar 28, 2019 | Cannabis, Investing
March 28, 2019 The New York Times published an article today titled, “Why the Plan to Legalize Marijuana in New Jersey Suddenly Unraveled.” https://www.nytimes.com/2019/03/27/nyregion/marijuana-legalization-new-jersey.html I have been studying and investing in the...
by Ronald Redfield | Jan 10, 2019 | Presentation, Value Investing
The PDF linked below gives a user fairly detailed information on our investment philosophies, performance results for the last 21 years, largest holdings, largest holdings at year end 2018, largest gains in 2018, largest losses in 2018, and a plethora of other...
by Ronald Redfield | Nov 28, 2018 | conference, Presentation, Value Investing
November 28, 2018 Dear Client and/or Friend, We held our 8th annual investment conference On November 15th. Unfortunately, it was the night of the surprise snow storm. We were expecting 71 people, but due to the horrendous travel and road conditions, only 18 showed....
by Ronald Redfield | Oct 26, 2018 | conference, Value Investing
We are having our annual free dinner, drinks and investment conference on Thursday, November 15th. It is typically a fun night of eating, a few drinks, all free, and during that I give a short discussion on value investing, and then I try to answer questions. We do...
by Ronald Redfield | Jan 8, 2018 | Presentation
The PDF linked below gives a user fairly detailed information on our investment philosophies, performance results for the last 20 years, largest holdings, largest holdings at year end 2017, largest gains in 2017, largest losses in 2017, and a plethora of other...
by Ronald Redfield | Nov 29, 2017 | conference, Milford Blonsky, Value Investing
We had our 2017 annual investment conference on November 14, 2017. Please read our notes which have a plethora of investment information, including mentions of interest rates, valuations, ETF’s and more. Thanks to those who attended our annual investment...
by Ronald Redfield | Nov 8, 2017 | conference, Value Investing
We are having our annual free dinner, drinks and investment conference on Tuesday, November 14th. It is typically a fun night of eating, a few drinks, all free, and during that I give a short discussion on value investing, and then I try to answer questions. We do not...
by Ronald Redfield | Oct 6, 2017 | Warren Buffett
The following is a transcript from an interview Judy Woodruff had with Warren Buffett at some point during June 27, 2017. Here is a link to the video of the interview http://www.pbs.org/video/3002306670/ JUDY WOODRUFF: Now to the second part of my conversation with...
by Ronald Redfield | Oct 5, 2017 | Warren Buffett
CNBC Transcript: Chairman & CEO of Berkshire Hathaway Warren Buffett Speaks with CNBC’s Becky Quick on “Squawk Box” Today www.cnbc.com October 3, 2017 on CNBC’s “Squawk Box” Following is the unofficial transcript of a CNBC interview with...
by Ronald Redfield | Sep 18, 2017 | Milford Blonsky
“We regret to announce the passing of Milford Blonsky. He was one of our firms co-founders. Milford Blonsky (Mr. Blonsky), passed away on September 11th, 2017. He was 95 years old. Mr. Blonsky was a friend, boss, mentor and business partner. He was always kind,...
by Ronald Redfield | Jan 7, 2017 | Uncategorized
2016 Investment Letter with Performance Results Download...
by Ronald Redfield | Nov 16, 2016 | Uncategorized
View a video from our 2016 Annual Investor...
by Ronald Redfield | Nov 16, 2016 | Uncategorized
2016 Annual Investment Conference Handout Download...
by Ronald Redfield | Jul 13, 2016 | Warren Buffett
July 13, 2016 DJIA 18,359 S&P 500 2152 An update to our clients: As I have mentioned in the past, we are only long term oriented investors. Our thesis is based on the assumption that for the majority of the companies we own, that their dividends are sustainable,...
by Ronald Redfield | Jan 20, 2016 | Seth Klarman, Uncategorized
January 20, 2016 DJIA 15,450 S&P 500 1812 A discussion as the Dow Jones is 16% off its 52 week highs At the lowest level so far today, the market was at 15,450. which was 16% off of its 52 week high of 18351.36. I believe this is a normal course correction, and...
by Ronald Redfield | Jan 11, 2016 | Abraham Lincoln, Uncategorized
January 8, 2016 DJIA 16,528 S&P 500 1949 I had the pleasure of speaking with legendary deceased investor Marty Zweig on several occasions. Marty’s motto was “Don’t fight the Fed.” In his book, ‘Winning on Wall Street’ he discussed a market sell signal comes on the...
