Monthly Archives: June 2018

Is the FAANG Phenomenon Sustainable?

We recently wrote about the FAANG stocks, and the degree to which they currently dominate the stock market. These five companies — Facebook, Apple, Amazon, Netflix, and Google (parent company Alphabet) — represent more than 12% of the S&P 500 Index, and more than 27% of the NASDAQ. This raises two important issues: the first is simply the concentration of the public stock market, which we discussed in our recent post. The second is the growth curve of these behemoths; can they sustain their massive growth, and for how long? Read more »

Zero Mass Water in the News in the Philippines

Cody Friesen, CEO of Zero Mass Water (one of the private equity investments made by 3×5 Partners, LLC, an Arnerich Massena Approved Manager) appeared on ABS-CBN News, which is based in Manila in the Philippines. The report, “Firm harvests drinking water from atmosphere,” features Zero Mass Water’s revolutionary Source hydropanels, and how they are now in use in the Philippines. In the in-depth 11-minute interview, Friesen discusses the details of how the panels work and how they are changing the world. Read more »

Zero Mass Water Hits the News in Cape Town, South Africa

The news about Zero Mass Water (one of the private equity investments made by 3×5 Partners, LLC, an Arnerich Massena Approved Manager) is traveling fast around the world. The company’s revolutionary Source hydropanels have been featured in the Cape Argus News from Cape Town, South Africa, with  “#EveryDropCounts: Solar panel extracts water from air” by Joseph Booysen. The hydropanels are now in use in Cape Town, helping to push back the possibility of a “Day Zero,” when fresh drinking water could be unavailable. Read more »

Fishpeople Featured in Entrepreneur Magazine

Entrepreneur News Director Stephen Bronner has been speaking with food entrepreneurs in his column, “The Digest.” In this issue, “How This Entrepreneur Behind a Multimillion-Dollar Company is Disrupting the Seafood Industry,” he speaks with Duncan Berry, co-founder of Fishpeople Seafood, one of the private equity investments made by 3×5 Partners, LLC, an Arnerich Massena Approved Manager and affiliate. “Duncan Berry spent his teenage years in the 1960s fishing salmon out of the Pacific Ocean on his family’s commercial vessel,” Bronner writes. “Some 50 years later, he’s aiming to change the entire seafood industry with his company Fishpeople. Read more »

Arnerich Massena Publishes New White Paper – Retirement Plan Best Practices: Participant Education

Arnerich Massena is pleased to announce the publication of a new white paper, Retirement Plan Best Practices: Participant Education. This paper is the last of a five-part series outlining retirement plan best practices; the series includes Plan Governance, Plan Design, Investment Menu Construction, and Plan Monitoring, and now concludes by covering participant education. Participant Education examines best practices for a plan sponsor in designing education and engagement programs to improve participants’ financial wellness and long-term retirement outcomes. Read more »

This has never happened before! There are more job openings than unemployed workers

It’s the first time on record that the number of available jobs has exceeded the number of unemployed workers in the United States. The number of jobs available in April rose to 6.7 million, or one job for every 0.95 jobless workers. Compare this to 2009, during the Great Recession, when there were 6.7 unemployed workers for every available job.  The unemployment rate of 3.8% is the lowest it’s been since December 1969. Read more »

FAANG Stocks: Dominating a Concentrated Market

Facebook, Apple, Amazon, Netflix, and Google (of parent company Alphabet) — ten years ago, we could barely imagine the extent to which these behemoths would dominate our lives and the stock market. Now, these five companies have grown so large and powerful, they are deeply enmeshed in our everyday existence. And, some say this small handful of companies has provided much of the power behind the market over the past few years. Do they exert an outsized force on the stock market, and what does that mean for investors? Read more »