The veteran value investor’s flagship Ariel Fund was up 14% in January after taking a hit in 2022. Now he is betting big on entertainment, private equity and — surprise! — housing. In an era when dyed-in-the wool value investing strategists have been pushed aside for sexier growth and quantitative managers, John W. Rogers Jr.’s patient contrarian approach has proven resilient in the aftermath of multiple market storms. Rogers, the founder and co-CEO of Ariel Investments, started the firm in 1983 just three years after graduating from Princeton. Forty years later, the oldest Black-owned investment firm in the U.S. manages more than $16 billion in assets. Most of that is in mutual funds and separately managed accounts, though $1.45 billion is in a new private equity fund dubbed Project Black. The brainchild of his co-CEO Mellody Hobson, the new fund aims to buy existing mid-size businesses and install Black and Latino executives who can build them into top tier suppliers … [Read more...] about The Comeback King: For 40 Years, John Rogers Has Come Out Of Bear Markets Stronger
Brands for 40 year olds
The Best High Chairs Tested To Ensure Proper Seating For Babies And Tots
Share to Twitter Share to Linkedin The best high chairs boast bells and whistles that our grandparents never dreamed of, and yet, the best ones continue to deliver in a few key areas: durability, cleanability and the best positioning for children. After testing 10 high chairs over several weeks and researching many other bestsellers, I found the Graco Blossom 6-in-1 to be the best high chair overall considering how easy it was to clean, adjust, buckle and use. Not only does it support the baby in a proper eating position, but the tray is removable with an easy one-handed motion. Another favorite was the Peg Perego Siesta as the best splurge high chair. If you’re willing to spend another hundred dollars (or $200, depending on sales and colors), you’ll gain a few more features in the Peg Perego, including the ability to fold it for storage and a slightly elevated look. (Read my in-depth reviews of the Graco Blossom and the Peg Perego Siesta .) Then there … [Read more...] about The Best High Chairs Tested To Ensure Proper Seating For Babies And Tots
The Best Roombas: Here Are The Top 5 Models
Share to Twitter Share to Linkedin iRobot’s line of Roomba robot vacuums are every busy homeowner’s dream. Like all robot vacuums , they promise to whip around the house, automatically cleaning up life’s messes with the push of a button—no vacuum bags or nozzle attachments required. But which is the best Roomba? The brand makes four different core models: the Roomba 694 , Roomba s9+ , Roomba j7+ and the Roomba i3+ EVO . They’re not all created equally: some Roombas are smarter and more powerful than others. Before selecting one, make sure to assess how often you plan to use it and the level of autonomy you want your robot to have. Some models can map and “learn” your house, while others can target specific messes and avoid obstacles. (I tested the Roomba 694 over three weeks to see how well Roomba’s most affordable model cleaned our floors; here’s my full Roomba 694 review. ) Roomba now offers a subscription service for the j7+, too, should you … [Read more...] about The Best Roombas: Here Are The Top 5 Models
Protect Your Portfolio With Defensive Stocks Like These
Share to Twitter Share to Linkedin Defensive Stocks Recent News The investing landscape in 2022 was notable not only for the severity of losses but also their breadth: It was the first year, since at least the 1870s, that U.S. stocks and long-term bonds both fell by more than 10%. As a result, investors have turned to defensive stocks. Defensive stocks are companies that generally hold up well in times of economic distress. The main defensive sectors are generally considered to be utilities, healthcare and consumer staples, all of which have outperformed the market in 2022. Even in a downturn, consumers continue to spend money on these products. As of December 29, the S&P 500 index’s utility stocks as a whole fell 0.5% in 2022, while consumer staples were down 2.7% in the period. This may seem poor, but the broader market fell roughly 20% during the year. Despite the better performance, cyclical sectors such as industrials and consumer … [Read more...] about Protect Your Portfolio With Defensive Stocks Like These