Today’s presentation discusses the period labeled as Dot-Com in the late 1990s vs today’s market characterized by the emergence of Artificial Intelligence(A.I.) Our goal is to make note of both the similarities and the differences while avoiding the likely downturn brought on by the maturation of the eventual “S Curve” which seems to emerge during each technology cycle.

In our meeting today, we will mainly focus on the risks in today’s public markets, while hoping our investment portfolio naturally benefits from the positives.

In this meeting, we will focus our discussion on the process of creating a Wish List. We will cover what a Wish List is, why it makes sense to create one, when it is appropriate to create one, and how to build one over time.

This topic has surfaced over the last 4 months several times, as we have been showing you that

Most public markets are priced for perfection,

Speculation is abundant, and

Policy is changing rapidly.

Historically, this combination of events has led to unsettling volatility at best and, at worst, could force a significant repricing of assets lower. What drives this cautionary outlook?

Today’s presentation discusses “The All-Weather Portfolio.” When should an investor implement an All-Weather portfolio allocation? Why does a more stable, higher-quality, dividend-generating investment stance offer a beneficial shelter during most economic storms? Along with the benefit of safe money, earning a reasonable return while waiting for use after the markets return to a more welcoming valuation?

Today’s Presentation is “Questions and Answers – Today’s Most Important Family Office Questions.”

Good afternoon, everyone. My name is Steven Abernathy, and I, along with my co-host Matthew Daley, will be your host today. 

Welcome to the Abernathy Group Family Office’s April 2025 “First Friday” meeting.

In this meeting, we will focus our discussion on six truly important questions that all intelligent investors must answer.

Today’s Presentation is titled “Intelligent Investment Themes for 2025.”

In our “First Friday” meeting today, we will discuss the opportunities and risks associated with an “investment themes”-focused approach. 

As discussed in previous Family Office meetings, we will emphasize intelligent investment tactics that will allow investors to remain invested while controlling investment risks for our Family Office members who want to make sure they don’t have to go back to work and make it all over again.