January 2024
Investing Should be a Marathon, not a Sprint
In the October (2023) edition of The TANDEM Report, we discussed Tandem’s two pillars: 1) our desire to deliver a more consistent, repeatable, and less volatile investment experience and 2) our practicing of the discipline of buying low and selling high. To...
By: Benjamin "Ben" Carew, CFA
October 2023
Two Pillars
The University of Virginia men’s basketball coach Tony Bennett has built a successful program in Tandem’s original hometown of Charlottesville, Virginia. Part of the key to success for the team has been Bennett’s “five pillars”: humility, passion, unity, servanthood, and thankfulness.
By: Benjamin "Ben" Carew, CFA
July 2021
Sometimes Analogies are Just Easier to Understand
The U.S. stock market continued its relentless move higher. Having posted its best 12 month return in more than 30 years last quarter (56.36%), the S&P 500 Total Return Index cooled off only slightly, recording a 40.33% return for the 12 months...
October 2020
More Versus Less is Better Than In Versus Out
Recency bias is examined while comparing the correlation between the market and the economy. The question of when to get in or out of the market is often examined by investors - the goal is to avoid binary outcomes to produce less...
July 2020
The Fox and the Hedgehog
Tandem’s “One Big Thing” is to act as a hedgehog – having patience in a volatile environment. It can be tempting to move money around for short term gain but staying the course will pay off in the long run.
October 2019
Risk
In the realm of investing, volatility brings opportunity. Weighing risk vs. reward is an essential component of successful investing.
April 2019
The Dividend
Consistent repeatable growth in earnings can sustain consistent, repeatable growth in dividends. In a marathon, consistency is a hallmark of success. Some may enjoy the excitement of being the hare, but we all know that the tortoise wins the race.
January 2019
This is How Cash is Supposed to Work
The well-known matter of buying low and selling high is often oversimplified. When dealing with volatile markets, exercising quantitative disciplines increases the likelihood of profitable returns.