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2023 Third Quarter Review & Commentary

FineMark

billion, and ranked #6 on Forbes’ Real-Time Billionaires List (as of 10/11/23), Buffett is widely regarded as the most successful equity market investor of the past century. Repeating last year’s behavior, stocks and bonds correlated positively again in Q3, thus denying the traditional 60/40 investor any diversification benefits.

S&P 52
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2023 First Quarter Review & Commentary

FineMark

” Warren Buffett, Chairman and CEO of Berkshire Hathaway Corporation Warren Buffett is one of the world’s foremost investors. Interestingly, throughout 2021 and 2022, there were no U.S. “The stock market is a device for transferring money from the impatient to the patient.” SVB is the second-largest bank failure in U.S.

Bank 52
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2023 Fourth Quarter Review & Commentary

FineMark

Charles Munger, vice chairman of Berkshire Hathaway Corporation, expressing why he thought he and his business partner, Warren Buffett, had been such successful investors for so long. On November 28, 2023, just five weeks shy of his hundredth birthday, the world said goodbye to famed investor Charlie Munger.

S&P 52