Views from 7,258’

7(258) Active vs. Passive Roundtable

Posted Nov 22, 2017  |  By Eric S. Holt, CFA

The Investment Committee of 7258 Wealth Management meets regularly to discuss various aspects of client portfolio positioning, valuations, and market conditions and opportunities. Recently, the conversation turned to active and passive management. Please follow this link to read more.

Read the full article

7(258) Thoughts on Saving for College

Posted Sep 07, 2017  |  By Steven Fraser, PhD

You have raised your children right, groomed them for success, funded the 529 Plan and now it’s time for them to head off to college. 7258 offspring entered Northwestern University and the University of Florida last fall. Steve Fraser, our Director of Analysis, shares his experience on navigating a 529 Plan through his daughter’s freshman year. Please follow this link to read more.

Read the full article

Don’t be so Sure

Posted Apr 27, 2017  |  By Eric S. Holt, CFA

I was invited by Institutional Investor to present to their RIA Institute in Chicago last week.  They asked me to discuss the impact of Behavioral Finance on the Active-Passive Debate.  Simply, behavioral finance is the study of why and how people make financial decisions (and how they make the same mistakes over and over).  I am going to cover many of these in a series of blogs.  We are going to start with Overconfidence.

Read the full article

7(258) Pearls of Warren's Wisdom

Posted Mar 02, 2017  |  By Eric S. Holt, CFA

In addition to being one of the great investors of the last fifty years, Warren Buffett is well known for his affinity for Diet Cokes and Dairy Queen. I look forward to reading his Berkshire Hathaway shareholder letter every year. His humble, folksy style takes me back to my roots in Boise, Idaho. His letters are always filled with a few gems and this year was no exception. Please follow this link to get Mr Buffett's take on America, being a contrarian and active management. 

Read the full article

Skepticism about Hedge Funds for Taxable Investors

Posted Feb 02, 2017  |  By Bill Jennings

Hedge funds come in a variety of shapes and sizes.  Some provide exposure to equities, others to fixed income, others to arbitrage opportunities and others to virtually anything under the sun.  Some strategies are designed to deliver excess returns, others to mitigate risk and others seek to do both.  Despite the vast array of investments and strategies, hedge funds typically have two common traits: high fees and a heavy tax burden.  For these reasons and more, we remain skeptical on the value these alternative investments bring to our client portfolios.  Please take a few minutes to read our perspective on hedge funds courtesy of William W Jennings, CFA, PhD, 7258 Director of Research.

Read the full article

The First Hundred Million

Posted Jan 10, 2017  |  By Eric S. Holt, CFA

2016 was quite a year! 7258 Wealth Management crossed an important milestone in assets under management and we expanded the extraordinary group of people we work with. Please follow the link below to read a brief update on our firm, a recap of key economic events in 2016, and how we are positioning client portfolios for 2017 and beyond.

Read the full article

No More Debates

Posted Oct 20, 2016  |  By Eric S. Holt, CFA

Mercifully, last night marked the conclusion of the Presidential Debates; now, it’s up to the electorate to decide who leads our country. An equally intense (but less personal) debate has raged on in the financial industry over the last five decades and the outcome has a more direct impact on each of us than the next President: is active management worth the higher price tag? You don’t have to wait until November 8th to see the results, just follow this link:

Read the full article

You Don't Have to Pay Taxes

Posted Sep 07, 2016  |  By Eric S. Holt, CFA

Many taxpayers will file their final 2015 tax returns between now and October 15th.  While this brings closure to 2015, investors would be well advised to consider the impact taxes had on their portfolios.  Investors need to understand the what in their portfolios: what was my return net of fees and taxes?  What if Ben Franklin was only half-right? Taxes on your portfolio can be managed; taxes on your portfolio should be managed.

Read the full article

7258 Redefining Investment Advice Luncheon

Posted May 24, 2016  |  By Eric S. Holt, CFA

On May 17th, 55 guests attended the 7258 Wealth Management “Redefining Investment Advice” Luncheon at Guard and Grace in Denver.  The luncheon featured Apollo D. Lupescu, PhD from Dimensional Funds.  Dr. Lupescu addressed the evolution of the markets from primarily being driven by trading on behalf of individuals to trading being dominated by institutional investors.  These institutions are filled with sophisticated, experienced teams making it very difficult for any of them to have a long-term competitive advantage. He presented a compelling case that this change in market dynamics makes it very difficult for high-turnover, high-cost strategies to succeed. While Wall Street has led investors to believe investment success is about picking the right stocks and bonds (or hiring managers to do this for you), Dr Lupescu made the case that long-term success is about investing in markets and not individual companies.

7258 Highlights from the Berkshire Hathaway 2015 Letter

Posted Feb 27, 2016  |  By Eric S. Holt, CFA

The Oracle of Omaha published the 2015 Berkshire Hathaway Shareholder Letter on February 27th. Buffett’s keen business acumen, folksy style and sage advice make this a must read. For those that don’t have time to read the entire letter, we have condensed it below. Happy reading!

Read the full article

Pages

Office Address:

730 17th Street, Suite 107
Denver, CO 80202

ph:  303.633.5910
f:  303.860.8956
email:  info@7258wealth.com