Author: Madison

Christopher Davis, Co-Manager, Selected American Fund “Notwithstanding last year’s exceptional market return, we believe equities still remain one of the most attractive asset classes available to investors today.  Valuations for many leading businesses, while not as low as they were, are still reasonable on balance with...

Northern Virginia Family Service (NVFS) recently held its 90th Anniversary Celebration - Road to Independence Gala. More than 600 people attended the event, including Madison’s Jim and Rebecca McDermott, who were guests of Casey Veatch, Master of Ceremonies and long-time champion of NVFS. [caption id="attachment_2006" align="alignleft"...

Edward Loeb, CFA, Partner and Portfolio Manager, Harris Associates “Our recent conservations with management teams indicate no major secular change in business trends.  In fact, the U.S. economy has displayed remarkably consistent growth since the crisis ended in mid-2009: over the past 18 quarters real...

Bryon Wien, Vice Chairman at the Blackstone Group LP “What worries me overall is the nature of the policy responses I see across the world.  Almost every leader seems to be pursuing a policy program likely to produce favorable results in the short term, but...

Madison Wealth Management recently celebrated its annual Day at the Races appreciation event at the historic Oatlands Plantation near Leesburg, Virginia. Nearly 100 guests joined us at our tented rail spot to enjoy the warm weather, sunny skies and steeplechase horse racing.  Riders competed in seven races over...

Both uncertainty and volatility increased at the start of 2014.  Equity markets fluctuated modestly during the quarter – initially suffering from geopolitical tensions and weather-weakened data, before rebounding strongly toward quarter-end. An uncharacteristically cold winter took a toll on the economy in the U.S., with...