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Edson L. Bridges II, Hall of Fame Inductee

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  On April 19, 2017, the Greater Omaha Chamber of Commerce inducted seven Omaha-area business leaders into the Omaha Business Hall of Fame.  This year’s honorees included Edson L. Bridges II, founder of Bridges Investment Counsel, Inc., Bridges Investment Fund, Inc. and Provident Trust Company.   Edson’s life has been defined by several pivotal moments: his coming to faith as…

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Edson L. Bridges II To Be Inducted to Omaha Business Hall of Fame

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Omaha, Nebraska  —  On April 19, 2017, the Greater Omaha Chamber of Commerce will induct seven Omaha-area business leaders into its Omaha Business Hall of Fame.  This year’s honorees include Edson L. Bridges II, President, CEO, and founder of Provident Trust Company.   Edson began his career in the wealth management field in 1959 after earning his B.S. in Business…

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Berkshire Hathaway 2016 Shareholder Letter

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  1. 2016 was a very good year for Berkshire: Book value grew $27.5 billion, or 10.7%, and BRK’s market value grew 23.4%, versus a 12.0% total return for the S&P 500.   2. Buffett’s long-term view of the U.S. economy and the U.S. equity market remains very positive. This view is based on 1) America’s market-based economic system, and…

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Capital Market Outlook for 2017

CAPITAL MARKETS OUTLOOK FOR 2017

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2016 was marked by significant stock market volatility within the context of rising stock prices during most of the year. The S&P 500 declined 12% during the first six weeks of the year, bottoming at 1829. From there, the index rallied to 2238, a gain of 22% from the bottom, and 10% on the year. The three most important factors…

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THE ECONOMIC IMPACT OF TRUMP’S FIRST 100 DAYS

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U.S. citizens experienced arguably one of the most contentious Presidential elections in recent history during 2016, resulting in the election of Donald J. Trump to become the 45th President of the United States. President-elect Trump appeared to connect with voters on his America First economic plan and message on bringing change to Washington. President-elect Trump will have a Republican majority…

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Ted Bridges comments to the Omaha World Herald on Market Expectations for 2017

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Omaha’s money managers and investing pros expect the Standard & Poor’s 500 to rise about 8 percent this year, boosted in part by tax and regulatory policies expected to be business-friendly. A World-Herald survey of 10 metro-area portfolio managers and finance experts from academia found an average estimate of 2,425 for the 2017 year-end close of the broad S&P index….

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With Trump’s victory, Nebraska investors and businesses are ready for a new era

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There might be bitter disagreement in some quarters about Tuesday’s election outcome, but many Nebraska businesses and investors expressed optimism about a corporate America they expect to become unshackled from regulations, protected from foreign competition and unburdened from excessive taxes.   Investors Wednesday bid up shares of some of Omaha’s biggest companies — Union Pacific, Valmont and Werner, among them…

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