Author Archives: Paul Meehan

Tweet 2015 marks 50 years since Warren Buffett took the helm at Berkshire Hathaway and the roughly 40,000 attendees at this year’s annual meeting were in a celebratory mood.  The morning began, as usual, with a video.  The highlight of this year’s production was a hilarious bit featuring Warren Buffett as the Berkshire Bomber facing […]

Tweet As those who have followed our investing approach know, preferred stocks have been mainstays of our income portfolios for many years.  In today’s environment of low interest rates, including a yield of 2% on the 10-Year Treasury, the much higher yields offered by preferred stocks are particularly attractive. Fidelity recently published a detailed review […]

Tweet At Edgemoor Investment Advisors, we look broadly across various asset classes to find opportunities to invest for income.  Most financial advisory firms limit their income investments to Treasurys and corporate bonds.  While these have been an important component of our portfolios recently, the more consistent mainstays of our income strategy are preferred stocks, master […]