Understanding Edge

Network effects are one of the most valuable – but difficult to maintain – advantages in the tech space. Analyst Varun Gupta, CFA, explains the benefits of these effects and why it’s so challenging for companies to maintain their edge.

As of December 31, 2021, Diamond Hill owned shares of Alibaba Group Holding Ltd., Alphabet, Inc. (Cl A), Meta Platforms, Inc. (Cl A), Microsoft Corp. and Tencent Holdings Ltd. As of November 30, 2021, Diamond Hill owned debt in Apple, Inc.

The views expressed are those of the speaker as of January 2022 and are subject to change without notice. These opinions are not intended to be a forecast of future events, a guarantee of future results, or investment advice. Investing involves risk, including the possible loss of principal. Past performance is not a guarantee of future results.

Over the past two years, much has transpired in global markets and economies. As we consider what the market might have in store for 2022, portfolio manager Grady Burkett, CFA, shares his views on global valuations and forward-looking growth.

As of November 30, 2021, Diamond Hill owned share of Ashmore Group PLC, Compagnie Financiere Richemont S.A. (Cl A), Nestlé S.A., Nintendo Co. Ltd., Novartis AG, Roche Holdings AG, Rogers Communications, Inc. (Cl B), Safran S.A., Samsung Electronics Co. Ltd., Swatch Group AG, Tencent Holdings Ltd., Tesco PLC, Unilever PLC and Walt Disney Co.

The views expressed are those of the speaker as of December 2021 and are subject to change without notice. These opinions are not intended to be a forecast of future events, a guarantee of future results, or investment advice. Investing involves risk, including the possible loss of principal. Past performance is not a guarantee of future results.

From consumer spending to inflationary pressures to supply chains, analyst Mitch Linhart, CFA, examines the state of retail today.

As of November 30, 2021, Diamond Hill owned shares of Hanesbrands, Inc., Home Depot, Inc. and TJX Cos., Inc.

The views expressed are those of the speaker as of December 2021 and are subject to change without notice. These opinions are not intended to be a forecast of future events, a guarantee of future results, or investment advice. Investing involves risk, including the possible loss of principal. Past performance is not a guarantee of future results.

From energy to consumer to technology to airlines, we examine the impacts that inflationary pressures and supply chain disruptions are having on companies around the world in our latest investment roundtable.

As of October 31, 2021, Diamond Hill owned shares of Alaska Air Group, Inc., Allegiant Travel Co., Assa Abloy AB (Cl B), Chevron Corp., Honeywell International, Inc., Parker-Hannifin Corp. and Tesco PLC.

As of August 31, 2021, Diamond Hill owned debt in Alaska Air Group, Inc., American Airlines Group, Inc. and United Airlines Holdings, Inc.

The views expressed are those of the speakers as of November 2021 and are subject to change without notice. These opinions are not intended to be a forecast of future events, a guarantee of future results, or investment advice. Investing involves risk, including the possible loss of principal. Past performance is not a guarantee of future results.

How does capacity management help align our interests with those of our clients? Hear from Diamond Hill leaders on the importance of capacity management and the nuances in determining a specific strategy's capacity range.

The views expressed are those of the speakers as of November 2021 and are subject to change without notice. These opinions are not intended to be a forecast of future events, a guarantee of future results, or investment advice. Investing involves risk including the possible loss of principal. Past performance is not a guarantee of future results.

Learn all about timber REITs, one of the many non-traditional property types that have become part of the REIT mainstream, as research analyst Josh Barber, CFA, discusses the pros and cons of timber REIT investing.

The views expressed are those of the speaker as of October 2021 and are subject to change without notice. These opinions are not intended to be a forecast of future events, a guarantee of future results, or investment advice. Investing involves risk, including the possible loss of principal. Past performance is not a guarantee of future results.

Spending during the pandemic has shifted from services to goods for many U.S. consumers.  International analyst Yiting Liu, CFA, shares how this trend has impacted luxury brands.

As of May 31, 2021, Diamond Hill owned shares of LVMH Moet Hennessy Louis Vuitton SE.         

The views expressed are those of the research analyst as of June 2021, are subject to change, and may differ from the views of other research analysts, portfolio managers or the firm as a whole. These opinions are not intended to be a forecast of future events, a guarantee of future results, or investment advice. Investing involves risk, including the possible loss of principal.

Heather Brilliant, CEO and President of Diamond Hill, joins us to discuss the progress of Diamond Hill's diversity, equity and inclusion initiatives, covering topics such as recruitment practices, vendor relationships, and the role diversity can play in moving our industry forward.

As of September 30, 2021, Diamond Hill was short shares of United Parcel Service, Inc. (Cl B).

As of July 31, 2021, Diamond Hill owned debt in FedEx Corp.

The views expressed are those of the speaker as of October 2021 and are subject to change without notice. These opinions are not intended to be a forecast of future events, a guarantee of future results, or investment advice. Investing involves risk, including the possible loss of principal. Past performance is not a guarantee of future results.

Our investment roundtable brings together various Diamond Hill investment professionals to discuss relevant and timely topics. Today, we’re joined by portfolio managers Grady Burkett, CFA, and Henry Song, CFA, as well as research analyst Tim Myers, CFA, to discuss how the pandemic has impacted the consumer and companies that rely on consumers.

As of August 31, 2021, Diamond Hill owned shares of Compagnie Financiere Richemont S.A. (Cl A), LVMH Moet Hennessy Louis Vuitton SE, Swatch Group AG, Diageo PLC, Anheuser-Busch InBev S.A./N.V., Compass Group PLC, Tesco PLC, Walt Disney Co., Samsung Electronics Co. Ltd., Taiwan Semiconductor Manufacturing Co. Ltd. and InterContinental Hotels Group PLC. View current holdings here.                

As of June 30, 2021, Diamond Hill owned debt in Anheuser-Busch InBev S.A./N.V. and Walt Disney Co.                  

The views expressed are those of the speakers as of September 2021 and are subject to change without notice. These opinions are not intended to be a forecast of future events, a guarantee of future results, or investment advice. Investing involves risk, including the possible loss of principal. Past performance is not a guarantee of future results.

The egg industry is in transition as the shift to cage-free accelerates. But are egg producers ready for the shift? Director of research Micah Martin, CFA, shares his perspective.

As of July 31, 2021, Diamond Hill owned shares of Cal-Maine Foods, Inc. As of May 31, 2021, Diamond Hill owned debt in Kroger Co. (The).

The views expressed are those of the speakers as of August 2021 and are subject to change. These opinions are not intended to be a forecast of future events, a guarantee of results, or investment advice. Investing involves risk including the possible loss of principal.