StrongVest Insights

Words of financial wisdom from the StrongVest team

Tag: T. Rowe Price

Jack Laporte’s Biggest Investment Mistake

by Lewis Johnson, Sub-Advisor, Co-Chief Investment Officer at Capital Wealth Advisors // Jul 17, 2018

“Jack was one of the great investors of our era, and you never heard that from him. He never talked about it. He was a modest, cultural pillar of our company and a true gentleman.”  —Brian Rogers, Chairman and Chief Investment Office of T. Rowe Price “Finding true growth companies is not an easy task. But...

Fearless Twenty-Six-Year Olds

by Lewis Johnson, Sub-Advisor, Co-Chief Investment Officer at Capital Wealth Advisors // Apr 25, 2018

“There is nothing better than a twenty-six-year-old in a great bull market, especially in a bubble. They are fearless…they know that the bull market cannot end and will never end. So, in the bull market, you’ve got to have a twenty-six-year-old. But, when the bull market ends, you don’t want the twenty-six-year-old around… They don’t...

Clients Deserve More Than “Conventional Failure”

by Lewis Johnson, Sub-Advisor, Co-Chief Investment Officer at Capital Wealth Advisors // Dec 27, 2017

Chief Conclusion: I can’t tell you how many times in the investment business I have heard someone parrot to me the first quote above, Keynes’ famous line about how it’s better to “fail conventionally” than to succeed unconventionally. If this sad view is truly as widely shared in the investment business, as I fear it...