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Fenimore Asset Management Experts Discuss ‘Cost of Timing Market’ for Smart Investment Strategies in New Policy and Taxation Group Webcast
Fenimore’s Christian Snyder and William Preston Detail Investment Philosophies with Host Pat Soldano, President of Policy and Taxation Group & Family Enterprise USA
Understanding the dramatic cost of timing financial markets, or not, is the subject of a new webcast from Policy and Taxation Group and Family Enterprise USA, featuring wealth planning strategies from two senior Fenimore Asset Management experts.
The two Fenimore experts, Christian Snyder, President, and William Preston, Portfolio Manager, FAM Dividend Focus Fund, discuss how the $5.1 billion in assets under Fenimore management follow a strict vetting process based on research, quality, and discipline.
The webcast, entitled “The Cost of Timing the Market: Insights for Smarter Investment Strategies,” is part of a series covering critical family office, successful individual, and family business issues. Fenimore Asset Management is also a Strategic Partner of Policy and Taxation Group.
The webcast’s host is Pat Soldano, President, Policy and Taxation Group and Family Enterprise USA.
The webcast can be seen on both the Policy and Taxation Group and Family Enterprise USA’s websites by going to: policyandtaxationgroup.com and familyenterpriseusa.com.
In the webcast, the two experts present their leading practices for “preserving capital, staying ahead of inflation, and being both active and passive investors,” according to Snyder.
Fenimore, based in Cobleskill, New York, is an independent family office with 40 employees, handling assets of both individuals and families.
“We are very disciplined in how we look at our investments,” says Preston in the webcast. “We work with four core criteria, the quality of the business, strong financials, proven management, and a margin of safety,” he says. “This means we could take months or years to invest in a company.”
Snyder says the key to Fenimore’s success has been to stick “strictly to our philosophy.”
“The cost of getting in and out of the market is critical,” Snyder says. “If you pull out during the best days it can have a dramatic effect on your investing return,” he says. “The best strategy is to stay invested.”
You can see the full webcast discussion on policyandtaxationgroup.com or familyenterpriseusa.com.
About Fenimore Asset Management
Fenimore was founded in 1974 with the mission of protecting and growing capital over the long term for our investors. To accomplish this, we conduct in-depth, independent investment research as we seek to maximize return and minimize risk. At the end of the day, our greatest priority is serving investors with excellence and integrity. We are proud to offer mutual funds, retirement planning, portfolio management, and more. Contact us today to learn more about us or to arrange a meeting with one of our associates.
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The need for fact-based reporting of issues important to family owned businesses and protecting a lifetime of savings has never been greater. Now more than ever, successful families and family owned businesses are under fire. That's why Family Enterprise USA is passionately working to increase the awareness of issues important to family owned businesses built on hard work, while continuing to strengthen our presence on Capitol Hill. The issues we fight for or against with Congress in Washington DC include high income tax rates, possible elimination of valuation discounts, increase in capital gains tax, enactment of a wealth tax, and the continued burden of the gift tax, estate tax and generation skipping tax.
Family Enterprise USA promotes generationally owned family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with Congress in Washington DC. Since 2007, Family Enterprise USA has represented and celebrated all sizes, professions and industries of family-owned enterprises and multi-generational employers. It is a bi-partisan 501.c3 organization. Family foundations can donate.
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