Richard Drury/DigitalVision via Getty Images During the fourth quarter of 2025, the median account return for separate accounts managed by Greystone Capital was +0.3%, net of fees. The median account return for the full year 2025 was +2.8%, net of fees. Since inception in Q4 2019, an account opened with Greystone has returned a cumulative +197.7% or +21.9% per year, net of fees. During this period...
Richard Drury/DigitalVision via Getty Images During the fourth quarter of 2025, the median account return for separate accounts managed by Greystone Capital was +0.3%, net of fees. The median account return for the full year 2025 was +2.8%, net of fees. Since inception in Q4 2019, an account opened with Greystone has returned a cumulative +197.7% or +21.9% per year, net of fees. During this period, our strategy has outperformed both the S&P 500 and the Russell 2000 by an annualized +3.7% and +12.2% per year, while also posting significant cumulative outperformance against both benchmarks. Greystone Capital Management 1,2 Net Return Russell 2000 Russell Microcap S&P 500 Q4 0.3% 2.2% 6.3% 2.7% FY 2025 2.8% 13.5% 23.0% 17.4% Since Inception (Cumulative) 197.7% 74.4% 59.8% 150.6% Since Inception (Annualized) 21.9% 9.7% 8.7% 18.2% Click to enlarge 1. Returns are unaudited and represent an account opened with Greystone Capital Management at inception Q4 2019 . Past performance is not indicative of future results. Investor's actual returns may differ from the returns presented due to several factors, including the timing of each investor's capital activity and position weightings within each portfolio. 2. Fees consist of a 1.5% management fee and a 20% performance fee above a 5% hurdle rate. Fourth quarter and FY2025 results compare unfavorably to the S&P 500 and Russell 2000 returns of +2.7% and +2.2% during the quarter and +17.4% and +13.5% for the full year. Although fourth-quarter and full-year 2025 results lagged the indices, I don’t manage the portfolio with any single quarter or calendar year in mind, a position I’ve held consistently through both periods of outperformance and underperformance. Given our concentrated, differentiated strategy, with limited index overlap, periodic and sometimes meaningful divergence from major indices is expected. This tracking error is a feature of the strategy, not a flaw. The better measurement for a strategy like ours is the cumul...
Markets are “not sure which trades to play,” says Sonja Marten, chief economist at DZ Bank, as investors seek safe havens amid geopolitical concerns out of the United States. (Source: Bloomberg)
Markets are “not sure which trades to play,” says Sonja Marten, chief economist at DZ Bank, as investors seek safe havens amid geopolitical concerns out of the United States. (Source: Bloomberg)
Saudi Arabia and the Olympic Council of Asia have agreed to postpone the 2029 Asian Winter Games, which were set to take place at a desert ski resort in the planned Saudi mega city of Neom. Bloomberg's Stuart Livingstone-Wallace reports. (Source: Bloomberg)
Saudi Arabia and the Olympic Council of Asia have agreed to postpone the 2029 Asian Winter Games, which were set to take place at a desert ski resort in the planned Saudi mega city of Neom. Bloomberg's Stuart Livingstone-Wallace reports. (Source: Bloomberg)
Key Points Social Security is vital to most retirees even though it doesn't provide a generous income stream. There are ways to increase your benefits if you're still working. Social Security's future is threatened unless Congress takes action. The $23,760 Social Security bonus most retirees completely overlook › More than 50 million retirees collect Social Security retirement benefits, and if you...
Key Points Social Security is vital to most retirees even though it doesn't provide a generous income stream. There are ways to increase your benefits if you're still working. Social Security's future is threatened unless Congress takes action. The $23,760 Social Security bonus most retirees completely overlook › More than 50 million retirees collect Social Security retirement benefits, and if you're not yet retired, you will likely be joining their ranks at some point. Those benefits will probably be quite important to you as well: Social Security benefits make up nearly a third of the retirement income of those older than 65. Even more sobering, among recipients aged 65 and older, those benefits accounted for fully 90% or more of income for 12% of men and 15% of women. Thus, even if you're not yet retired, it's nrcessary to keep up with Social Security changes and to understand how it might change further. Here, then, are some things to know. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » 1. Know how much in Social Security benefits you may receive Though Social Security benefits will be a key part of your retirement finances, there's a good chance that they will deliver far less income than you might have expected. As of December, for example, the average Social Security retirement benefit was only $2,071 per month or about $24,850 per year. Those who have had above-average earnings in their working life will receive more but not a king's ransom more. (The maximum benefit was recently $5,181, or about $62,000 annually -- but it's very hard to qualify for it.) So as you plan for your retirement, be sure to have realistic expectations. 2. Expect your Social Security benefits to increase over time -- but suboptimally Here's some good news: Social Security benefits increase over time via nearly annual cost of living adjustments (COLAs). The lates...
Investors' reaction to this Dividend King's Q4 revenue miss was overdone. Abbott Laboratories (ABT 1.10%) announced its 2025 fourth-quarter and full-year results before the market opened on Thursday, Jan. 22, 2026. And its shares promptly plunged nearly 10%. As you probably figured out from that brief overview, investors didn't like the healthcare giant's Q4 update. However, Abbott has been a favo...
Investors' reaction to this Dividend King's Q4 revenue miss was overdone. Abbott Laboratories (ABT 1.10%) announced its 2025 fourth-quarter and full-year results before the market opened on Thursday, Jan. 22, 2026. And its shares promptly plunged nearly 10%. As you probably figured out from that brief overview, investors didn't like the healthcare giant's Q4 update. However, Abbott has been a favorite for many income investors. The company is a member of the Dividend Kings, an elite group of stocks that have increased their dividends for at least 50 consecutive years. Abbott recently increased its dividend for the 54th straight year. I think the stock should remain a top pick for income investors. Here are three reasons to buy this Dividend King after its steep sell-off. Expand NYSE : ABT Abbott Laboratories Today's Change ( -1.10 %) $ -1.19 Current Price $ 107.42 Key Data Points Market Cap $187B Day's Range $ 106.08 - $ 110.05 52wk Range $ 105.78 - $ 141.23 Volume 3.3K Avg Vol 7.1M Gross Margin 58.89 % Dividend Yield 2.23 % 1. Investors' reaction was overdone Abbott reported Q4 revenue of $11.5 billion, while Wall Street expected $11.8 billion. This miss was admittedly disappointing. The company's nutrition segment is the main culprit. CEO Robert Ford acknowledged in the Q4 earnings call that the results "underscore a broader challenge." He said, "Higher manufacturing costs led to higher prices, which in turn are suppressing demand as consumers become increasingly more price-sensitive." However, investors' reaction was overdone, in my opinion. It's important to put Abbott's Q4 results in context. The healthcare leader's adjusted diluted earnings per share (EPS) jumped 12% year over year, meeting analysts' estimates. Management began implementing changes to help turn things around in the nutrition business and expects a return to growth in the second half of 2026. 2. Growth should accelerate in 2026 Speaking of 2026, Abbott projects overall revenue growth will accel...
A private credit fund tied to the world’s largest asset manager was getting hit hard in premarket trade after revealing its net asset value will be marked down by nearly one-fifth.
A private credit fund tied to the world’s largest asset manager was getting hit hard in premarket trade after revealing its net asset value will be marked down by nearly one-fifth.
Rare earth stocks were hit by volatility following trade-related news but remain on track to see higher share prices in 2026 as rebounds gain momentum.
Rare earth stocks were hit by volatility following trade-related news but remain on track to see higher share prices in 2026 as rebounds gain momentum.
Intel Israel employees will receive a combined annual bonus totaling 1.8 months’ salary, with the local portion amounting to 1.2 months, marking a rebound from last year’s unusually low payout of 0.8 months. “As in previous years, employee bonuses are paid based on company and business performance,” the company said. This bonus is the final one distributed under Intel’s previous compensation struc...
Intel Israel employees will receive a combined annual bonus totaling 1.8 months’ salary, with the local portion amounting to 1.2 months, marking a rebound from last year’s unusually low payout of 0.8 months. “As in previous years, employee bonuses are paid based on company and business performance,” the company said. This bonus is the final one distributed under Intel’s previous compensation structure, which included a variable “local component” in addition to base pay, quarterly profit bonuses, annual performance bonuses, and stock-based rewards. Under the new salary model, which took effect January 1, 2026, the separate variable component will be integrated into base pay. Therefore, the current payout, scheduled for February, is the last to follow the old formula. 1 View gallery Intel offices. ( Photo: Nir Keidar ) The previous bonus system had allowed payouts to fluctuate sharply based on performance. For comparison, employees had regularly received 2.5-3 months’ salary in annual bonuses before 2025, when the company reduced the payout to 0.8 months. Intel’s broader compensation system will continue to provide quarterly profit bonuses, annual performance bonuses, and stock-based rewards, which will now be calculated on top of the updated base salaries under the new structure. The bonus announcement comes in the wake of Intel’s fourth-quarter 2025 earnings, which reflected a cautious optimism. The company reported $13.7 billion in revenue, exceeding guidance, with earnings and gross margin also beating expectations. Yet CEO Lip-Bu Tan emphasized that supply constraints, manufacturing bottlenecks, and years of underinvestment continue to limit Intel’s ability to fully capitalize on demand, particularly for AI-driven workloads. Intel stock closed at $45.07 on Friday, down 17% on the day, marking the company’s biggest single-day selloff since Aug. 2, 2024, when the shares plunged 26%. “This will not happen overnight, and our execution needs to continue to improve. We...
The Place, London Sadiq Ali’s intimate dance piece follows a woman with an HIV diagnosis at a time when it was misunderstood and stigmatised In the programme note for Tell Me, its creator Sadiq Ali says that 2025 was the year he might have been expected to die of Aids-related complications, were it not for advances in medicine. Instead here he is, muscled and strong, wound round a Chinese pole, su...
The Place, London Sadiq Ali’s intimate dance piece follows a woman with an HIV diagnosis at a time when it was misunderstood and stigmatised In the programme note for Tell Me, its creator Sadiq Ali says that 2025 was the year he might have been expected to die of Aids-related complications, were it not for advances in medicine. Instead here he is, muscled and strong, wound round a Chinese pole, suspending himself in the air, abs glistening. Ali is also thriving as an artist. His last show, The Chosen Haram, garnered five-star reviews, and he has just officially launched his own circus/theatre company. This new work, Tell Me, follows a woman with an HIV diagnosis, which is something still stigmatised and misunderstood, especially outside the LGBTQ+ community. It is a subject that’s personal to Ali but he doesn’t put himself at the centre. Instead Phoebe Knight is the protagonist, joined by Ali and Jonah Russell, and along with a clever set made from cube-shaped frames that double as poles and trapezes to climb and swing from, they portray a coherent story and evoke some stinging emotions. Continue reading...
Monty Rakusen/DigitalVision via Getty Images Shares of Littelfuse ( LFUS ) have been on fire throughout 2025, with momentum continuing early in 2026. Shares doubled from the tariff-induced lows as organic growth returned in a non-convincing manner after years of stagnation. This, and an interesting deal, makes me interested in the business, yet demanding valuations make me cautious here. However, ...
Monty Rakusen/DigitalVision via Getty Images Shares of Littelfuse ( LFUS ) have been on fire throughout 2025, with momentum continuing early in 2026. Shares doubled from the tariff-induced lows as organic growth returned in a non-convincing manner after years of stagnation. This, and an interesting deal, makes me interested in the business, yet demanding valuations make me cautious here. However, the positioning and positive trends warrant continued coverage this year. Efficient Electrical Energy Transfer Littelfuse develops smart solutions that enable safe and efficient electrical energy transfer. The business has a long heritage; in fact, it will be in operation for a hundred years next year. The company has sold over 17 billion components during its existence, with 16,000 employees providing such products to about 100,000 end customers, with the business generating just over $2 billion in annual sales. These revenues are split across three main segments, with the electronics segment making up just over half of sales. This is complemented by a transportation segment, which makes up nearly a third of sales, complemented by a smaller industrial segment. These revenues are split pretty evenly between geographic areas, with the US making up over a third of sales, complemented by a roughly equal share between China, Europe, and the rest of the world. The main area of sourcing is Mexico; however, many of these are exempted from tariffs. A decade ago, this was just a billion-dollar business, as revenues peaked at $2.5 billion in 2022, driven by a post-pandemic recovery, inflation, and supply chain disruptions. Revenues stagnated at $2.2 billion recently, as operating margins have been quite stable over this period of time, although the company has incurred about 10% dilution over this period of time. A $100 stock in the year 2015 peaked in the low $300s in 2021, and except for a brief dip in the spring of last year, shares have traded in a $200-$300 range recently. A Bas...
Dado Ruvic | Reuters The European Commission on Monday said it opened an investigation into Elon Musk's X over the spreading of sexually explicit material by the AI chatbot Grok. The probe is being conducted under the European Union's sweeping Digital Services Act (DSA) regulation. This is a breaking news story. Please check back for more.
Dado Ruvic | Reuters The European Commission on Monday said it opened an investigation into Elon Musk's X over the spreading of sexually explicit material by the AI chatbot Grok. The probe is being conducted under the European Union's sweeping Digital Services Act (DSA) regulation. This is a breaking news story. Please check back for more.