Underperforming funds that charge fees. VOO is a no-brainer compared to their stuff. Maybe they could get some wind to their back with a tech drawdown.
According to the latest annual report: "Since 1985, the Company has acquired 32 businesses, sold 11, and spun off 3, culminating with the spin-off of M-tron Industries, Inc. in October 2022." -- "Across all of our businesses, our success is based on a simple formula: we seek to find undervalued companies in the Graham & Dodd tradition, a methodology for valuing companies that primarily looks for deeply depressed prices."
8-k "On January 5, 2026, Jason Lamb was appointed Chief Executive Officer of The LGL Group, Inc. (the "Company"), effective immediately.
Mr. Lamb brings more than 20 years of leadership experience across special operations, intelligence, technology development, and private equity investing. He is a director of Teton Advisors and was a special advisor to LGL Systems Acquisition Corporation. Mr. Lamb previously served as Chief Strategy Officer of BlackSea Technologies, a private equity platform focused on innovative maritime defense technologies, following the acquisition of his company, Hard Yards. A former Navy SEAL officer, Mr. Lamb holds a Master of Business Administration from the University of Virginia Darden School of Business, an Master of Science in the Management of Information Technology from the University of Virginia, a Master of Arts in National Security and Strategic Studies from the Naval War College, and a Bachelor of Science in Political Science from the United States Naval Academy."
What's driving the large decline in AUM (14% YoY) in Hennessey Funds?
Underperforming funds that charge fees. VOO is a no-brainer compared to their stuff. Maybe they could get some wind to their back with a tech drawdown.
What’s the story with LGL?
According to the latest annual report: "Since 1985, the Company has acquired 32 businesses, sold 11, and spun off 3, culminating with the spin-off of M-tron Industries, Inc. in October 2022." -- "Across all of our businesses, our success is based on a simple formula: we seek to find undervalued companies in the Graham & Dodd tradition, a methodology for valuing companies that primarily looks for deeply depressed prices."
8-k "On January 5, 2026, Jason Lamb was appointed Chief Executive Officer of The LGL Group, Inc. (the "Company"), effective immediately.
Mr. Lamb brings more than 20 years of leadership experience across special operations, intelligence, technology development, and private equity investing. He is a director of Teton Advisors and was a special advisor to LGL Systems Acquisition Corporation. Mr. Lamb previously served as Chief Strategy Officer of BlackSea Technologies, a private equity platform focused on innovative maritime defense technologies, following the acquisition of his company, Hard Yards. A former Navy SEAL officer, Mr. Lamb holds a Master of Business Administration from the University of Virginia Darden School of Business, an Master of Science in the Management of Information Technology from the University of Virginia, a Master of Arts in National Security and Strategic Studies from the Naval War College, and a Bachelor of Science in Political Science from the United States Naval Academy."
I was also heavily weighing LGL here. Seems like a free bet on Gabelli