Foord Asset Management

Owning more investments does not necessarily mean you are diversified. The ten largest companies now make up around 40% of the S&P 500, while South Africa’s market carries its own concentration risk through gold and precious-metals shares. 
 
In this episode, Linda Eedes examines why portfolios can hold many securities yet remain exposed to the same economic story. She explains why diversification may look like underperformance while a concentrated trade keeps winning, but remains essential to managing permanent capital loss and compounding wealth over time.

Has US exceptionalism gone too far?  
 
Portfolio managers Brian Arcese and Ishreth Hassen discuss US market concentration, US equity valuations and the risks of global portfolios becoming increasingly exposed to one market, one currency and one investment theme. 
 
From the valuation gap between the US and Asia to overlooked businesses in markets such as Korea, India and Indonesia, they discuss how patient, bottom-up investing can uncover compelling opportunities that many global investors may be missing.

The predictions that artificial intelligence would make entire professions redundant were confident. But jobs in areas thought to be most vulnerable have still not disappeared as expected, and businesses are increasingly training employees to use AI more effectively.
 
In this episode, Linda Eedes considers what AI’s evolving impact on employment reveals about forecasting the future. From valuation discipline and diversification to finding opportunity among perceived “AI losers”, she explains why investors should remain open to multiple outcomes and build portfolios that do not depend on one prediction being precisely right.

July’s market returns may have looked relatively flat on the surface, but beneath them lay significant volatility across AI-related technology stocks.  
 
In this episode, Linda Eedes unpacks the story of a high-profile AI hedge fund collapse and the lessons it offers on risk management. She explores why successful investing is about more than predicting the future, highlighting the importance of diversification, valuation discipline and avoiding leverage to build resilient portfolios for the long term. 
 
Tune in for a timely reminder that successful investing is not about predicting the future with certainty, but about building resilient portfolios that can endure whatever the future brings

Inflation is rising again, interest rate expectations keep shifting, oil prices are moving around, and AI optimism is still driving market excitement. Where do these varying signals leave investors? 
In our latest podcast, client portfolio manager Dalphin Hou and portfolio manager Brian Arcese unpack why successful investing is less about calling the next market move and more about being prepared for a range of outcomes. Join the conversation on what inflation, interest rates and changing market expectations could mean for investors.