Riverbridge Partners

We recently hosted conversations around the rise of artificial intelligence and the way investors can experience long-term success by seeking to invest in adaptable, sustainable businesses. Our Investment Team talked about companies and industries that are exploring the use of AI and how this may impact the job market and economic landscape. Regardless of the technological changes, Riverbridge will continue to seek investments in companies that have differentiated market positions, adaptable cultures, and flexible balance sheets. We believe these businesses will be effective at identifying opportunities to incorporate artificial intelligence to best serve their market. *This information is not intended to be used as investment advice. Please see additional important investment disclosure information here: https://lnkd.in/g-MhXXze

We recently hosted conversations around the rise of artificial intelligence and the way investors can experience long-term success by seeking to invest in adaptable, sustainable businesses. Our Investment Team talked about companies and industries that are exploring the use of AI and how this may impact the job market and economic landscape. Regardless of the technological changes, Riverbridge will continue to seek investments in companies that have differentiated market positions, adaptable cultures, and flexible balance sheets. We believe these businesses will be effective at identifying opportunities to incorporate artificial intelligence to best serve their market. *This information is not intended to be used as investment advice. Please see additional important investment disclosure information here: https://lnkd.in/g-MhXXze

The most common question we receive about artificial intelligence is unrelated to investments: "Will AI take my job?" Given Hollywood's tendency to cast an AI future in a negative light (think Terminator, I, Robot, The Matrix, and Wargames), it is not surprising that our collective thoughts trend toward pessimism. If we can, however, imagine AI as autonomous agents working for the benefit of humanity, then we can picture a world in which future AI systems produce massive economic and societal benefit. Read our recent article to get our perspective: https://lnkd.in/dq9rZbX5 *This information is not intended to be used as investment advice. Please click the link herein to see the full article and accompanying disclosure information.

The oft-treacherous summer months could not dampen investors’ spirits in the third quarter of 2024. All major indices advanced—closing at or near record highs—propelled by continued impressive corporate earnings and a larger-than-previously-expected interest rate cut by the Fed. Read our 3rd Quarter 2024 Equity Market Commentary: Market Dynamics Shift: Small Caps Regain Leadership as the Fed Cuts Rates Aggressively: https://lnkd.in/gJKd62JE *This information is not intended to be used as investment advice. Please click the link herein to see the full article and accompanying disclosure information.

Join us for a Riverbridge Summit Session on October 29 to hear CIO Ross Johnson and Portfolio Manager David Choe as they discuss the history and possibility of AI and the long-term view of this technological advancement in markets and society. Reach out to [email protected] if you are interested in attending.

From Day One, our firm has existed to serve the long-term good of our clients. We are motivated to serve others by investing with endurance. These are the pursuits that get us out of bed in the morning: - To see our clients experience superior returns on their investments. - To see those investments and our service add enduring value to their lives. - To add enduring value to industries, communities, and the world. If you would like to learn more about Riverbridge, visit our website: https://lnkd.in/gvSJiHfE. ? *This information is not intended to be used as investment advice. Please click the link herein to be directed to our website with full disclosure information.?

Is this AI technology cycle proceeding like others we have experienced in our over 35-year history? Read our recent article, After the Hardware Boom: Long-Term Value Creation in the Generative AI Era to get our thoughts: https://lnkd.in/ep_T2wXA *This information is not to be used as investment advice. Please click the link herein to see the full article and accompanying disclosure information.

On the surface, the first six months of 2024 were a utopia for investors. The S&P 500 returned more than 15% with very little volatility. This advance occurred despite the Fed not cutting interest rates and with inflation remaining stubbornly elevated. Read our Equity Market Commentary: S&P 500 Achieves Record Start in Early 2024, Driven by AI Optimism: https://lnkd.in/g48qffNv *This information is not intended to be used as investment advice. Please click the link herein to see the full article and accompanying disclosure information.

Attendees at our Bay Area Connections Event last week learned what private and public equity investors have in common: a philosophy and discipline grounded in identifying adaptable businesses with cultural alignment. Both Ross Johnson and Doug Higgins talked about how each investment firm seeks high quality management teams who are supported by a culture of empowered team members. "When management teams are passionate about their business, they are passionate enough that they want to teach us about it. We often remind our clients; the real allocator of their capital is the management team themselves." - Ross Johnson We look forward to sharing the full recording soon! *This communication does not constitute advice or a recommendation or offer to sell or a solicitation to deal in any security or financial product. It is provided for information purposes only. Event attendees should not rely on information shared in making any future investment decision.

Join us on May 15 in Menlo Park, CA for a discussion with Riverbridge Partners CIO Ross Johnson and Sapphire Ventures Co-Founder Doug Higgins as they explore ideas including: ?? Strategies successful businesses employ to build value over the long-term ?? How a customer-centric approach can drive value creation ?? The vital role of culture and people when assessing a company's growth potential ?? Reflections on companies that have demonstrated fundamentals throughout stages of growth ?? Balancing short-term performance with the patience needed to create long-term value There is still time to register! Reach out to [email protected] if you are interested in attending. *This communication does not constitute advice or a recommendation or offer to sell or a solicitation to deal in any security or financial product. It is provided for information purposes only. Event attendees should not rely on information shared in making any future investment decision.