Bob Doll of Crossmark Global Investments - Aligning Investments and Personal Values

Orion's The Weighing Machine

For many, faith provides a moral compass, guiding decisions and actions in both personal and professional matters. This compass extends its influence into the world of investing, giving rise to faith-based investing. This approach allows individuals to merge their faith with their financial portfolio, fostering a harmonious coexistence of monetary growth and ethical principles.

In this episode, Rusty and Robyn talk with Bob Doll, Chief Investment Officer at Crossmark Global Investments. With over 40 years of experience in the investment management business, Bob has a deep understanding of managing large-cap U.S. equities. He is known for his expertise in faith-based investing and helping clients align their investments with their values. He also utilizes his investment expertise to provide weekly and quarterly investment commentaries and annual market predictions. Bob is a regular guest and contributor to multiple outlets such as Bloomberg TV, Fox Business News, CNBC, and Faith & Finance Live Radio.

A legend in the financial services industry, Bob talks about faith-based investing, market predictions, and the current market outlook. Bob shares his insights on the impact of values in investing and how investors can align their investments with their personal beliefs. He also provides his outlook for the economy and the market, including his predictions for inflation, the Fed, and interest rates.

Key Takeaways

• [02:33] - Bob's background and experience in investment management.
• [03:24] - What Crossmark Global Investments is all about.
• [04:54] - Aligning faith with financial decisions.
• [06:26] - The long-term viability of value-based investing.
• [07:21] - How people can learn more about faith-based investing.
• [08:17] - How Bob's top 10 predictions for 2023 turned out.
• [10:12] - Bob's thought process for creating the top 10 predictions.
• [11:35] - Bob's current economic and market outlook.
• [13:13] - Possible projections for inflation and interest rates.
• [14:58] - Outlook on the “magnificent seven” companies.
• [18:34] - Portfolio allocation between high-yield bonds and fixed income.
• [22:11] - The impact of geopolitics on investment.
• [25:15] - How Bob maintains his physical and mental energy to perform at his best.
• [26:54] - How AI can impact the markets and financial advice.
• [28:11] - The people Bob is thankful for professionally.
• [29:56] - Bob's recommendations for content.

Quotes

[04:24] - "People spend a lot of time making sure that how they spend money lines up with who they are. But in between the investment piece, 'Oh, I'll leave that to somebody else.' And they end up owning investments they may not know a whole lot about." ~ Bob Doll

[05:13] - "We do our best job to suggest what good values might be in terms of the companies we exclude and the companies we give. My faith as a Christian is there's a standard. It's called God's word, the Bible. We use that as our best attempt to figure out what should be included and what should get excluded." ~ Bob Doll

[05:35] - "We sit down with our clients and say, 'What are your values? Let's define them. Get them on a piece of paper so we can try to manage money to fit those values.'" ~ Bob Doll

Links

• Bob Doll on LinkedIn
• Crossmark Global Investments
• The Sound of Music
• The Economist
• Bernstein Private Wealth Management
• Bob Doll's Deliberations

Connect with Us

• Meet Rusty Vanneman, Orion's Chief Investment Officer
• Check Out All of Orion's Podcasts
• Power Your Growth with Orion

2951-OPS-10/27/2023