Interview with the Core Equity Portfolio Manager
At Crawford, all of our strategies help investors achieve a specific set of goals and solve for certain needs. Clients are attracted to the Core Equity strategy because it has a higher focus on growth than other Crawford strategies.
Low Margin for Error
As profit margins regress toward the mean, we believe investors should be focused on companies with strong balance sheets and excess free cash flow.
Pharma Industry's DNA Imparts Quality
Over the last 30 years, pharmaceutical companies have experienced periods of significant outperformance, mainly around scientific advancement with products in new disease areas, but also during times when the economy lagged.
When a Stock Becomes a Ninja
With a ninja strategy, we hope to win by investing in companies that are better equipped to avoid problems in the event of an economic downturn.
Always Higher, Never Lower
The projected deadline for a government shutdown is June 1, as tax receipts collected through April 15, 2023 were slightly lower than originally forecasted. Why should this be watched more closely than usual?
Buyback Is Not a Dirty Word
We invest in companies that pay a dividend, and we prefer this over share repurchase.
Why Are So Many Gamblers Looking to Be Zeroed Out?
Our process and these companies weren’t built in a day, and serious investors should remember that wealth rarely comes from short-sighted endeavors.
The Year of Triple Tightening
We define triple tightening as the Fed raising interest rates, the Fed’s balance sheet shrinking, and reduction in fiscal programs to recipients.
Difficult Environments Call for (Balance Sheet) Strength
One of the areas where our equity research team is most focused is on the strength of corporate balance sheets.
The Parable of Tom the Turkey
Our past experience makes us wary of investments that are too good to be true. We know investments that go up like an escalator typically come down like an elevator.
Is Your Portfolio Ready for Winter?
Currently, there is a dramatic shift occurring in the global financial markets. Unlike a fantasy novel, it is not as definitive as the first snowfall.
Britain's Minsky Moment
On September 28, the Bank of England (BoE) backstopped the gilt market, the British government debt market equivalent to the United States Treasury market.
