Investments

How to Manage Concentrated Stock Holdings

At Fort Pitt Capital, we review the portfolios of clients and prospective clients to determine if they are invested too heavily in one industry or company. Why is concentration a problem? No company is bulletproof, and a significant hit to a big position can wreck your overall returns. Whether you’ve acquired a position through compensation or bonuses, received shares[...] Continue reading

Tip of the Month: Trust the Process & Prevent Buyer’s Remorse

In the world of investing, it’s common for some people to experience a bit of buyer’s remorse. Not the kind you get when you make a big Black Friday purchase, but the kind investors might experience during times of market volatility or turmoil. But, we understand that it can be tricky to take emotion out of investing and that’s why we’re here to help. This[...] Continue reading

The Peter Principle

Peter Lynch, legendary manager of the Fidelity Magellan Fund and one of the greatest investors of all time, once said that you should “never invest in any idea you cannot illustrate with a crayon.” With this simple concept in mind, we present brief sketches of each of the 20 largest positions in our individual securities portfolios: Verizon Communications Inc. (VZ)[...] Continue reading

Stocks & Basketball: March Madness Loves an Underdog

March Madness is upon us, and as our regular Ramparts readers know, we love looking for the underdog and spotting a potential upset. This reminds us of the 2010 Butler Bulldogs who had an incredible run in the NCAA tournament. As a number five seed, they made it to the finals only to lose in the last seconds of the game to a powerhouse, number one seed, the Duke Blue[...] Continue reading

Investment Advisor magazine spotlights FPCG

Fort Pitt Capital Group is the subject of a feature article in the March issue of Investment Advisor magazine. Reporter Danielle Andrus documents both the evolution of the firm and the formation of the Fort Pitt Capital Total Return Fund (FPCGX). The profile piece outlines the industries currently overweighted in client portfolios, with specific comments on telecom,[...] Continue reading