First Eagle Updates
July 20, 2010
First Eagle Fund of America | Semi-Annual Update & Market CommentaryJuly 13, 2010
Global Value Team | Semi-Annual Update & Market CommentaryJune 02, 2010
"In our opinion, the graver concern for investors is not short-term volatility, alarming and uncomfortable as it may be, but the possibility of permanent impairment of capital."April 21, 2010
April 13, 2010
"When I am in the office, my door is open and I often talk not only with Matt and Abhay, but also with Bruce Greenwald, our star Director of Research, and with the in-house analysts...the heart of our operation."March 19, 2010
"The advantage of buying good businesses is not only that their earnings power accretes over time in line with the nominal economy, but that their securities can be mispriced. This affords us, as long-term investors, the opportunity to have a margin of safety and the opportunity to create wealth."March 19, 2010
"We have, in our veins, a commitment to securities analysis and the concept of intrinsic value."March 19, 2010
"Value investors, historically, have tended to see themselves as bottom-up investors...It served them well for decades until in 2008, when the top-down impacted everyone in a major negative way."March 01, 2010
February 22, 2010
February 01, 2010
"We believe that the value of a business depends ultimately on the cash flow - present and future - that it produces for its owners."January 26, 2010
Fund of America | Semi-Annual Update & Market CommentaryJanuary 19, 2010
Global Value Team | Semi-Annual Update & Market CommentaryJanuary 13, 2010
"Many have called the last 10 years the lost decade of stock investing. At First Eagle, we do not consider the decade lost."December 16, 2009
December 07, 2009
December 04, 2009
"The buy and hold approach over the long term is wholly dependent on the price that you pay. Buy and hold is not dead."October 16, 2009
"We have always viewed market volatility as our friend and that remained true over the past year... as a result we were able to take advantage of the volatility by planting valuable seeds for the long term." - Matt McLennanSeptember 09, 2009
"We at First Eagle define risk as the danger of permanent impairment of investor capital."July 15, 2009
"...don’t just assume that the muddle through world will be back soon. Be bottom-up all you want, but pay attention to the top-down."April 22, 2009
"We feel that investment managers should not be rewarded for high returns that are merely the result of a rising market tide."April 17, 2009
March 13, 2009
"We believe gold offers the potential downside protection for those events where we have no ability to forecast."» First Eagle News: Gold: First Eagle's Hedge Against Extreme Outcomes
February 25, 2009
January 12, 2009
"We believe the timeless truth that there is a major difference between a temporary loss and a permanent impairment of capital."
The First Eagle Funds are offered by FEF Distributors, LLC, member SIPC, 1345 Avenue of the Americas, New York, New York 10105. Investors should consider investment objectives, risks, charges and expenses carefully, which are detailed in our prospectus. Please read our prospectus carefully before investing. For further information about the First Eagle Funds please call 800.334.2143. Investments are not FDIC insured or bank guaranteed, and may lose value.
For further information, please contact us at info@firsteaglefunds.com or visit the Contact Us page.
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