History cannot tell us exactly what will happen next. It can, however, show us how an investment has behaved under many different conditions—including recessions, inflation, changing interest rates and market declines.
When evaluating a prospective investment, we look beyond its average return. We consider the range of outcomes, the severity and duration of past losses, the time required to recover and whether an investor could reasonably remain committed through difficult periods. The objective is not to select whichever investment performed best in the past. It is to understand the risks involved and determine whether the investment is suitable for the investor’s needs, time horizon and capacity for patience.
Use our complimentary Investment Tool to explore other market histories.
January 2018
October 2017
July 2017
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January 2017
Thomas Lukic – Senior Portfolio Manager, CFA
Founding partner and managing member, Tom is a Chartered Financial Analyst as well as a Portfolio Manager. He has had primary investment responsibility for assets totaling in excess of $500 million for individuals, non-profits, and corporations.
Beginning his career with A.G. Edwards, he served as an outside advisor to a Virginia Bank Trust Department, a VP with the Asset Management division of a regional bank and as a partner in a regional independent Investment Advisory firm. His community activities have included serving in various volunteer capacities over two decades with United Way Of South Hampton Roads, most recently as 2012 Board Chair and serving as a founding member of Amnesty International’s Hampton Roads chapter.
