David Fleer
Bristlecone Value Partners, LLC
12301 Wilshire Blvd., Suite 320
Los Angeles, CA 90025 USA
Work 1-877-806-4141

Monthly Digest – April 2011

April 16th, 2011

“It takes 20 years to build a reputation and 5 minutes to ruin it.  If you think about that, you’ll do things differently.”

            –Warren Buffett

The above quote from Warren Buffett hangs on a wall in Bristlecone’s office, a constant reminder of the high ethical standards which we hold for ourselves and our industry.  The quote came to mind following the recent revelations surrounding the resignation of one of Buffett’s top lieutenants, David Sokol.

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Quarterly Commentary – First Quarter 2011

April 15th, 2011

Markets continued to march steadily higher in the first quarter, with evidence of gathering strength in the economy and corporate income for the moment outweighing concerns caused by Middle East unrest (and consequently higher oil prices), a tragic natural disaster in Japan, and the looming fiscal crises facing federal and local governments.

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