INSIGHTS
Fairway Named to 2017 Financial Times 300 Top Registered Investment Advisers
June 23, 2017 – Fairway Wealth Management LLC is pleased to announce that for the third consecutive year it has been named to the FT 300 list of registered investment advisers (RIAs). The list recognizes top independent RIA firms from across the U.S. For details, see www.ft.com/reports/300-top-investment-advisers This [...]
If
By: Matt Garrott The month of May marks the 7th anniversary of the first Bitcoin transaction, an exchange of 10,000 Bitcoins for 2 Papa Johns pizzas. Reaction to the trade at the time was mixed. There were many people who thought it was neat that someone finally bartered [...]
Why Settle for Average?
By: Matt Garrott Capital Group is pushing back hard against the passive investing crowd. They make the case that some basic screens (low expenses, manager investing in their own fund, etc) can reveal good managers. I agree with that. The screens I use at Fairway are kind of [...]
No One Expects a 40% Return for the S&P 500 This Year
By: Matt Garrott No One Expects a 40% Return for the S&P 500 This Year I defy you to find a pundit optimistic about the stock market. Is anyone predicting double digit returns? Low to mid-single digits seems to be the popular view among those shouting the loudest. [...]
Hedge Funds, Buffett, and Dumb Luck
By: Matt Garrott As usual, Warren Buffett’s letter to shareholders of Berkshire Hathaway is a must-read. It is well known that he advocates low-fee indexing for most investors. As his famous bet with a hedge fund of funds manager winds down, Buffett unleashed both barrels on high-fee money [...]
Accurate Ambiguity
By: Matt Garrott Punxsutawney Phil practices accurate ambiguity. The vast majority of the time, he sees his shadow. This portends 6 more weeks of winter, generally lining up with the Spring Equinox. What a great strategy. Winter usually lasts 6 more weeks so predict 6 more weeks of [...]