Compass Capital Management, Inc.

What truly drives peak performance and impactful relationships? It's more than just IQ. Individuals with a strong moral compass and well-developed emotional competence consistently excel – they handle pressure effectively, genuinely inspire others, and make better strategic choices. The CFA Society Minnesota welcomes Doug Lennick of think2perform for a session to integrate moral and emotional intelligence with your cognitive strengths. This is crucial for anyone looking to achieve breakthrough results, from individual contributors to organizational leaders. #LeadershipSkills #EmotionalIntelligence #ProfessionalDevelopment #SelfAwareness #DecisionMaking #Effectiveness #think2perform https://lnkd.in/gtAqq6pm

We are proud to share that two of our team members, Jennifer Oseth & Jordan Thorpe, recently attended Fastenal's Investor Day last week, in St. Paul, Minnesota. This event provided valuable insights into Fastenal's strategic initiatives, including their focus on expanding national accounts and leveraging data-driven solutions to enhance supply chain efficiency. Jen and Jordan had the opportunity to engage directly with Fastenal's leadership, including CEO Daniel Florness, gaining a deeper understanding of their commitment to innovation and customer-centric solutions. This experience reinforces our dedication to staying informed about industry advancements to better serve our clients. #FastenalInvestorDay #IndustryInsights #TeamDevelopment #Investments #Finance

🌟 Exciting Leadership News at Compass Capital 🌟 Great organizations thrive when strong leadership, vision, and values align. That’s why we’re excited to announce that Christopher Kelley, CFA, CAIA, has been promoted to CEO of Compass Capital Management!   Chris has been a steady and disciplined leader, shaping Compass with clarity, quality, and an unwavering commitment to our clients. His strategic mindset and deep investment expertise reflect his passion for delivering exceptional results with transparency and integrity.   As CEO, Chris will continue to guide Compass with a focus on simplicity, innovation, and long-term success. With his leadership, we’re confident in a future built on strong principles and lasting client partnerships. Please join us in congratulating Chris on this well-earned promotion! #Leadership #Growth #Promotion #Investments #Finance

Our team at Compass Capital Management had a great time attending the February Economic Club of Minnesota luncheon! 🌱📈 Cargill CEO Brian Sikes led a fantastic discussion on the significant role agriculture plays in Minnesota’s economy - from global trade to innovation in sustainability. It’s always insightful to hear from industry leaders shaping the future of our local and global markets. A big thank you to the Economic Club of Minnesota for hosting another impactful event! Looking forward to the next one. #EconomicClubofMN #MinnesotaEconomy #Agriculture #Cargill #Investments #Finance

There’s a significant valuation gap between large-cap and small-cap stocks, with large caps annualizing ~15% over the past five years, while small caps have lagged at ~7.5%. What’s driving this divergence, and what might it mean for investors moving forward? Christopher Kelley, CFA, CAIA breaks it down in this video. Watch now and share your thoughts - where do you see the market heading? *Disclaimer: This video was recorded on January 17, 2025. **Past performance does not guarantee future performance. #Investing #Markets #SmallCap #LargeCap #MarketTrends #Finance #Investments

An incredible evening at the CFA Society Minnesota Annual Dinner! Our Compass Capital Management team had the privilege of attending this year’s event, where legendary investor Howard Marks, co-chairman and co-founder of Oaktree Capital Management, L.P., delivered a keynote that left us all reflecting on the fundamentals of investing. Marks reminded us that “It’s not what you buy, but what you pay,” emphasizing that investment success isn’t just about picking the right assets - it’s about acquiring them at the right price. His insights on market cycles, risk, and valuation were a timely reminder of the importance of discipline and historical awareness. Marks revisited his Sea Change memos, highlighting how decades of declining interest rates shaped investor behavior - making capital cheap, pushing valuations higher, and driving investors further out on the risk curve. With today’s higher rates, the investment landscape has shifted, requiring a more thoughtful and selective approach. He also touched on lessons from financial history, warning that the worst loans are often made in the best of times - something many investors overlooked before 2022. A few key takeaways that stood out: 📌 Investment Cycles & Psychology Matter – History repeats, and recognizing patterns is critical. Marks referenced speculative extremes like the 2000 tech bubble and the South Sea Bubble to illustrate how optimism can lead to excessive risk-taking. 📌 Volatility ≠ Risk – While many rely on metrics like the Sharpe ratio, Marks argued that true risk isn’t about short-term market fluctuations but about permanent loss of capital. As Warren Buffett has said, "I’d rather earn a lumpy 15% return than a smooth 12%." 📌 Private Credit & Market Insights – Marks noted that private credit has only existed in favorable conditions and has yet to be tested in a downturn. While it appears less volatile due to mark-to-market differences, liquidity concerns remain. He also expressed skepticism about buying high-growth stocks at current valuations, favoring value stocks, non-S&P 500 names, and select emerging markets. A huge thank you to our own Jennifer Oseth for doing a fantastic job announcing the guest speaker! The Compass team truly enjoyed the discussion - Marks’ emphasis on owning stocks for the long run and truly understanding what you own aligns closely with our own investment philosophy. Shoutout to Justin Cox for capturing some amazing shots from the evening! 📸 #CFAAnnualDinner #HowardMarks #LongTermInvesting #Investments #Finance

🌟 Exciting Leadership News at Compass Capital 🌟 We’re thrilled to announce that Phil Stern, CAIA, has been promoted to President of Compass Capital Management! Since joining Compass in 2016, Phil has played a pivotal role in shaping the firm's success. He has fostered a client-first culture and empowered employees to perform meaningful work. His leadership has driven strategic growth, operational excellence, and transformative initiatives, enabling Compass to scale while adhering to its core investment philosophy. At Compass, we believe in a people-first approach—putting clients at the center of everything we do and building a firm where talented professionals can thrive. Phil has helped create an environment where shared success, impactful contributions, and a commitment to always doing right by our clients are at the heart of our culture. His expertise, vision, and dedication have positioned Compass for even greater success. As President, Phil will continue leading our team forward, fostering innovation, and driving the next phase of growth for the firm. Please join us in congratulating Phil on this well-earned promotion! #Leadership #Growth #Promotion #Investments #Finance

The rise of generative AI is being compared to some of the most transformative periods in history - think the Industrial Revolution and the dot-com boom. But as with any disruptive technology, not every company pouring money into AI today will come out on top. In this video, our CEO & Senior Portfolio Manager, Christopher Kelley, CFA, CAIA, discusses the rapid investment in AI and what history tells us about innovation cycles. As AI continues to evolve, the real question is: Who will emerge as the true winners? Watch now to hear Chris’s insights on navigating the AI landscape. *Disclaimer: This video was recorded on January 17, 2025. #AI #GenerativeAI #MarketTrends #Investments #Finance

Our hearts are with the individuals, families, and communities affected by the devastating fires in Los Angeles. During times of crisis, we are reminded of the importance of unity, compassion, and support for one another. For those looking to assist, here are a few organizations providing critical relief and resources: 🔥 American Red Cross – Offering shelter, food, and emergency support to displaced individuals. https://lnkd.in/dbsF5PJ 🔥 Baby2Baby – Supplying essentials like diapers, clothing, and hygiene items to children impacted by the fires. https://baby2baby.org/ 🔥 California Community Foundation’s Wildfire Relief Fund – Supporting both immediate relief and long-term recovery efforts. https://lnkd.in/g3rccDuW 🔥 California Fire Foundation – Providing financial assistance to families of fallen firefighters and aiding fire victims directly. https://lnkd.in/eH7mXfg Every gesture of care—big or small—makes a difference in helping these communities recover and rebuild. If there are other initiatives or ways to contribute, please share them below—we’d love to amplify the efforts of others making a difference. Stay safe, Los Angeles. ❤️

The Fall 2024 edition of our Compass Watch newsletter is now available at https://lnkd.in/gTCaxFeV #Election #Congress #StockMarket #Investments #Finance