Margin of Safety: First Eagle's Disciplined Value Investing Approach
Jay Lisowski, CFA, SVP at First Eagle Investments joined me to discuss First Eagle’s investment approach, including their attempts to deliver diversification from the masses and aims to protect investment value with their “margin of safety” approach. We discussed current investment themes, such as banking, interest rates, inflation, and geopolitical factors, as well as First Eagle’s unique security selection and portfolio construction techniques, including their core tenant to invest with a margin of safety.