Earnings expectations have driven 2021 #stockmarket performance, while #valuations have fallen slightly. This suggests that corporate operational results are flowing through stock valuations, and #investors expect the results to persist next year. #stocks #FairValueModel

#Profits Matter! Money-losing companies have severely underperformed profitable ones this year. Quality & consistency of #earnings/#cashflow are important indicators of the health of a company’s track record. #stocks #FairValueModel #equities #stockmarket #investing #valuestocks

The advantage of having an 8-month old alarm clock and a saint of a wife? Getting up early to take first tracks on the #golfcourse and having the whole course to myself! #golf #oceanreefclub @ Ocean Reef Club instagram.com/p/CXtcS5bLmpp/…

#Wordle 3/6 ⬛️⬛️⬛️🟨⬛️ 🟨🟩⬛️⬛️🟨 🟩🟩🟩🟩🟩

#Wordle 3/6 🟨⬛️⬛️⬛️⬛️ ⬛️🟩🟩⬛️⬛️ 🟩🟩🟩🟩🟩

After being in hundreds of board meetings, I've learned: World-class board members are worth their weight in gold. Here's how the greatest board members set themselves apart. (1/x)

Congrats to the following strategies on achieving major track record milestones over the last 6 months, with our flagship Concentrated 30 hitting 20 years old and our newer small cap strategies hitting 7! Cornerstone has a wide range of tested strategies across large & small cap.

When you are running a negative P&L and your growth slows or market sentiment changes, your valuation floor is likely to be a lot lower than you think.

There is a whole set of recent papers showing how we overestimate the awkwardness & underestimate the rewards (and not just to ourselves!) of social interactions like: 🙏Expressing gratitude 💬Engaging in deep conversations 🤝Providing partial help, rather than solving a problem

Cornerstone selects #stocks based on relative #valuation in our #FairValueModel investible universe. Valuations continue to diverge, with cheaper stocks getting cheaper than the rest of the universe. #stockmarket #equities #valueinvesting #valuestocks

It’s a good day to be a Fargo-based financial services company (Bell Bank, Eide Bailly). Great win Tom Hoge!

We expect that additional air could come out of speculative securities. At their core, speculative stocks have most of their value derived from the future. Rising interest rates impact the risk those periods do not live up to the hopes and dreams today’s stock price reflects.

This trading environment has seemed to particularly benefit companies that beat estimates and penalize those that do not. Cornerstone Investment Partners’s Diversified Small Cap Core actively seeks companies that have a history of achieving earnings expectations and driving estimates upwards.

Cornerstone uses our proprietary #FairValueModel to assess #valuation opportunities for companies across the market. Weekly, we compare values to the current prices of #stocks. We’re now publishing results for followers and our #investment team is available for deeper insights.

Active management is powerful. Why? Because managers choose the stocks to own AND stocks to not own. As inflation and interest rates rise, it is more important for companies to deliver profits & cash flows. Cornerstone focuses on fundamentals, since that is what drives value.

Just posted a photo @ Brook Run Park and Playground instagram.com/p/Cj--DeROcg9/…

Cornerstone wishes our clients, friends, and family a happy Lunar New Year, and may the Year of the Rabbit bring you good health and prosperity.

Proud to share a timely paper I just wrote about Cornerstone Investment Partners's proprietary approach to assessing bank risks and how we incorporate it into our valuation work. Check it out and more of our thought papers at lnkd.in/gMzXg7nx!

May is the Heritage Month for both the Jewish American and Asian American / Pacific Islander communities. We celebrate their long history, achievements, & contributions to American culture, government, & business. #JewishAmericanHeritageMonth #AAPIHeritageMonth

My wife Gabby Spatt & Candace Bazemore are my new favorite podcast guests! Check them out on American Jewish Committee’s “People of the Pod” as they talk about their children’s book, “Shabbat and Sunday Dinner!” So proud of them & AJC for this wonderful platform! podcasts.apple.com/us/podcast/peo…