Art Of Boring

Why management teams matter, energy companies rarely meet our investment criteria, and JPMorgan and State Street differ from many regional banks.   Highlights Potential implications of the recent advancements in generative AI U.S. regional banking challenges and our exposure Why we don’t currently own any energy sector companies in the portfolio A look at two holdings—one “old” and one new—Verisk and BorgWarner Our observations on broader earnings results