Neil Rose, CFA, Author at Regency Capital

Investment Letter

Articles | Jan 22, 2025 | Neil Rose, CFA

Q1 2025 – Investment Letter 2024 was another good year for stocks overall thanks to continued strength in just a handful of the largest technology and internet companies. The famed “Magnificent Seven” once again comprised the bulk of stocks’ overall returns. The remarkable surge over the years in technology and internet stocks requires adjusting what […]

Articles

Jan 22, 2025

Investment Letter

Podcasts

Nov 1, 2024

Election Madness? Should We Worry?

Kawika Shoji and Neil Rose discuss the potential market reactions to a Trump or Harris win on election day.

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Podcasts

Oct 30, 2024

Magnificent Earnings

Major Info Tech earnings announcements this week. Kawika Shoji gets some reactions and thoughts from Neil Rose on the tech sector now and going forward.

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Articles

Oct 11, 2024

Investment Letter

Returns this year have been kinder than I would have expected given our rather conservative positioning. Stock allocations have been lower than usual, with little in information technology and internet-related stocks, two areas that have accounted for the lion’s share of the stock market’s returns in recent years.

Articles

Sep 20, 2024

Will the Fed Stick the Landing?

This week the Federal Reserve cut its short-term interest rate policy by half a percent to 4.75%-5.00%, marking an end to a two-year effort to recoup some of the excesses in Covid stimulus.

Videos

Feb 16, 2024

3-Minute Update: Fading the Herd

Neil Rose explains why he's taking some profits and getting more defensive as investors continue to pump up stock valuations, especially Big Tech. Neil worries the markets are now depending on one big assumption, and the costs of being wrong are high.

Letters

Feb 6, 2024

Reflections On a College Experience

Despite several requests, I have been remiss in posting the note I had to submit with my induction into Harvard’s Varsity Club Hall of Fame back in November. They ask awardees to write some reflections on their college experience.

Articles

Jan 30, 2024

Investment Commentary Q4 2023

Capital markets in 2023 showed investors’ resilience—or was it complacency? Clearer was yet another lesson on the dangers in following forecasts, especially those of policymakers, PhDs, and Wall Street strategists. The Fed’s interest rate hikes and tough inflation talk didn’t cause an “inevitable” 2023 recession after all.

Articles

Aug 26, 2023

30-Second Note: Mortgage Mystery

Historically, mortgages have cost around 1.75% more than the benchmark 10-year Treasury note. Today, that spread is around 3.00%. That’s huge and likely not going to last. Something’s going to give—or break.

Articles

Aug 23, 2023

TIPS: The Best Value in Fixed Income?

Are TIPS the best value in fixed income right now? Neil Rose explains why he recently added to holdings of inflation protected Treasurys.

Articles

Aug 23, 2023

Anyone Can Manage Cash Like Warren Buffett

Neil Rose explains why anyone can manage cash like Warren Buffett. He explains how Treasury bills work and why they are a no-brainer for one’s cash reserves.

Podcasts

Aug 23, 2023

Sizing Does Matter

Neil Rose and Arthur Mallet discuss: the hardest thing about investing, sources of investing advantages and the importance of position sizing for risk management and performance.

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