Originally published at JP2 Morning Crew
Bud Leedom’s Background:
Bud shares his journey from an astronomy major to the financial sector.
Establishment of his investment management firm focusing on San Diego-based companies.
Faith-Based Investing:
Discussion on the importance of aligning investments with Catholic values.
Challenges of modern investing due to political and social mandates.
Importance of researching companies to ensure they match Catholic values.
Examples of Faith-Based Companies:
Mention of Chick-fil-A and In-N-Out as examples of companies holding strong to their values despite potential financial loss.
Discussion on the influence of the Catholic community in supporting value-aligned businesses.
Resources for Faith-Based Investing:
Mention of Ave Maria Mutual Funds and Aquinas Catholic Value Fund.
Importance of thorough research and understanding of company backgrounds and values.
Risk Management and Diversification:
Bud explains the importance of diversification in managing investment risk.
Cautionary tales of investing in single assets and the importance of trustworthy management.
Personal Experiences and Ethical Investing:
Bud shares experiences with companies that have questionable backgrounds.
Emphasis on the need for due diligence in understanding both companies and investment managers.
Mission and Values in Investing:
Importance of aligning investment practices with personal and client values.
Bud’s approach to getting to know clients and sharing mutual values.