Bloom Investment Counsel, Inc. Q2/22 Investment Market Commentary

Watch M. Paul Bloom, CIO at Bloom Investment Counsel, Inc. review Q2/22 and share his thoughts on investment markets for the remainder of 2022.

Similar to last quarter, Bloom received welcoming news towards the end of Q2 that one of its investments held in all client portfolios was being acquired for a significant premium to its market price at the time of the announcement.

“This demonstrates, as did the takeover earlier in the year of a large investment in Intertape Polymer, that many of the investments that Bloom Investment Counsel, Inc. makes for its clients are greatly undervalued. And when a takeover bid for those investments occurs, a large premium to the market price has to be paid […]

We continue to advocate that our conservative approach to the equity market will over the next year provide superior returns and that our 37 plus year history of outperforming the full bull and bear market cycle will continue and reward clients accordingly.”

Some of the topics that are discussed in this video may contain forward-looking statements. This information, by its nature, is subject to risks and uncertainties that may cause actual events or results to differ materially from such forward-looking statements. Further, please note the date of the recording, July 15th, 2022 as some of the comments are time sensitive.

This video is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to. Individual circumstances and current events are critical to sound investment planning; anyone wishing to act on this video should consult with his or her financial partner or advisor.