First Eagle Funds

Press

April 17, 2012

"First and foremost, when you invest, you have got to invest one security at a time looking for a margin of safety." — Matthew McLennan, CFA

April 5, 2012

The Sharpe ratio helps determine whether a fund's volatility is worth it. Among large-blend funds, First Eagle U.S. Value Fund has the highest Sharpe ratio for the 10 years through March 31, 2012.

February 3, 2012

"If you want to produce an attractive real return over time, you need to invest security by security in enterprise, by and large, where you can find a margin of safety." - Matt McLennan, CFA

January 4, 2012

"At First Eagle, we're value [oriented], so we care about the balance sheets and management [teams]." - Matt Lamphier, CFA

December 22, 2011

"The commonality of many of the companies we're finding these days are sound balance sheets, sound business models, and sound management teams. And of course, underlying all are prices." - Abhay Deshpande, CFA

October 4, 2011

September 16, 2011

"Our approach at First Eagle is one in which we really need to understand the businesses that we're investing in, and importantly, we need to make sure that we're buying businesses at an appropriate discount to their intrinsic value." - Kimball Brooker, Jr.

July 31, 2011

"Overall, this is a productive time for humanity, but there are a number of fault lines of concern" - Matt McLennan

June 29, 2011

"The fund is managed on a battleship basis, moving very slowly and carefully." -Matt Lamphier

May 30, 2011

"Our belief is that if you own businesses that are very well positioned and that you adhere to the disciples of investing with an appropriate margin of safety, you can create a portfolio that is reasonably insulated from the vicissitudes of the global economy." - Kimball Brooker

December 20, 2010

"We tend to like those senior producers with long-lived assets that operate in geographies all over the world. Those tend to be the kind of companies we favor, so we have larger allocations in those companies. Then we make smaller allocations to companies in the earlier stage." -Rachel Benepe