When Ari Sass moved into the portfolio manager role at hedge fund M.D. Sass four years ago, it was a long-expected transition at the company his father had built, but Sass said he embraced it as a new opportunity. "Myself and the team really did a lot of introspection," Sass recalled, in an interview with CNBC. "... This was somewhat of a chance … to disrupt ourselves.
has been investing in acquisitions that have shifted its business from more commodity services to technology that provides greater value to the defense department. That's helping it win more contracts and grow its profit margins. "Our thesis was really more around a company somewhat transforming themselves into more value-added services," he said.
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Stock Market Crash: 17% Drop Ahead, Former BlackRock Stock Chief SaysA former BlackRock stock chief says he thinks the S&P 500 will fall another 17% as investors ignore a growing mountain of tell-tale recession signals S&P 500 will be range bound for many years in the 3500 to 4500 range. We saw something similar in the 1970's 'Great, just what we need: Another financial expert with a crystal ball.' how bout his opinion is worth nothing
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