Martin Fridson is the publisher of Income Securities Investor and according to Investment Dealers' Digest, he is "perhaps the most well-known figure in the high-yield world." He has served as a CFA Institute governor and consultant to the Federal Reserve Board. In 2002 the Financial Management Association International named Mr. Fridson the Financial Executive of the Year. The CFA Society New York gave him its Ben Graham Award in 2017.
Exxon Mobil (XOM) is among the world’s largest oil and gas providers and integrated refiners and marketers of petroleum products. XOM’s conservative risk profile throughout varying business cycles and its extensive portfolio of resources has enabled it to maintain strong debt ratings, explains Marty Fridson, editor of Forbes/Fridson Income Securities.
During September, economic forecasters surveyed by Bloomberg lowered their estimated probability of a US recession within 12 months from 60% to 55%. But stocks declined anyway. The Alerian MLP Index was a standout, though, returning 3.24% in September and 9.76% from June 30 to September 30. One MLP I like is Western Midstream Partners, LP (WES), notes Marty Fridson, editor at Forbes/Fridson Income Securities.
A consistent message of Income Securities Investor is the importance of diversifying by asset class. But the benefits depend on good security selection. Closed-end fund (CEFs) offer a case in point and one we like here is PIMCO Energy & Tactical Credit Opportunities Fund (NRGX), explains Marty Fridson, editor of Forbes/Fridson Income Securities.
The Bank of Montreal (BMO), also known and doing business as BMO Financial Group, is a Canadian multinational investment bank and financial services company. We expect operating results over the balance of 2023 to improve with less volatile capital markets, the inclusion of the Bank of the West, and increased net interest income, explains Marty Fridson, editor of Forbes/Fridson Income Securities.
Income-oriented investors face multiple challenges this year from lingering high inflation, Fed tightening of interest rates, and a high risk of recession. Treasury bond yields may be close to topping out, but credit risk premiums are sure to increase if economic growth turns negative. This presentation will highlight top picks for the current environment in a variety of income-oriented asset classes.
The inflation outlook is income investors' #1 concern heading into next year. Monitoring a few key indicators provides valuable guidance on the Consumer Price Index's course in 2022. This presentation will explain the implications for interest rates and highlight top picks for the current environment in a variety of income-oriented asset classes.
Income-oriented investors can pursue their objectives through ETFs based on a wide variety of underlying assets. Martin Fridson, publisher of Income Securities Investor and chief investment officer of Lehmann Liivian Fridson Advisors, will show how these vehicles stack up against other income-generating assets. He will address both yields and principal preservation in-light-of the past year's dramatic market swings.
The challenge of investing for income is balancing yield and risk. Risks include both temporary paper losses and permanent losses of capital. Martin Fridson, CFA, will show you available tools for managing these risks including credit ratings, yield-based measures, diversification, and recommendations that include indications of appropriateness by the investor's risk tolerance.
Martin Fridson, CFA
How to be a Billionaire: Proven Strategies from the Titans of Wealth
How to Be a Billionaire looks at the careers, the methods, and the minds of self-made billionaires to distill the common keys to titanic accumulations of wealth. Each chapter explores a specific strategy and brings it to life through extended profiles of past and present masters of the art of making money.
Martin Fridson, CFA
It Was a Very Good Year: Extraordinary Moments in Stock Market History
What, if anything, do the most spectacular, high-performance periods of the twentieth-century stock market have in common? And most importantly: Can we predict when they will occur again? In this fascinating investigation, acclaimed author and financial authority Martin S. Fridson probes the past, leading an exhilarating tour through each of the twentieth-century stock market's golden years. Illuminating, entertaining, and rich in historical anecdotes, Fridson's book treats us t
Martin Fridson, CFA
Investment Illusions: A Savvy Wall Street Pro Explores Popular Misconceptions About the Markets
A source of down-to-earth advice on how not to fall prey to the follies of "pert." Examines and exposes the false assumptions many investors and professional money managers make when playing the stock market. Conveys essential stock market principles by using entertaining and easy-to-understand analogies. Includes numerous, bizarre, actual incidents and hilarious media howlers to dramatize misconceptions about the mark