We recently compiled a list of 10 best actions to buy according to John W. Rogers from Ariel Investments. In this article, we are going to take a look at Where Sphere Entertainment Co. (NYSE: SPHR) stands against the other choices of stock by John W. Rogers.
John W. Rogers Jr. is an eminent American investor and hedge fund manager who is president, CEO and CIO of Ariel Investments. Rogers graduated from Princeton University in 1980 and spent two and a half years as a broker in stock at William Blair. Three years later, he founded Ariel Investments, the first common fundraising company belonging to blacks in the United States, with $ 200,000 supported by family and friends. The Howard University would be the initial customer of Ariel Investments, the company receiving $ 100,000 to manage its allocation. The following year, the city of Chicago granted Ariel $ 1 million to Ariel to operate a pension plan. In 2009, Ariel Investments managed $ 3.3 billion in assets, which has since increased to $ 12.9 billion.
In particular, the lighthouse of investor Ariel Fund faced one of his first obstacles on October 19, 1987, the day of the accident known as Black Monday. The next major test intervened after the Dot-Com crisis in 2000, the Ariel Fund rebounding strongly, returning 29% that year and 14% in 2001. During the financial crisis of 2008, Rogers investments in shares, such as the real estate investment company CBRE Group and the newspaper publisher Gannett, made losing 48% before returning 63% in 2009.
Rogers appreciates patience while seeking companies which, according to him, will reach their full potential in a defined period. This strategy for recovering value actions, launched by the famous investors Warren Buffett and Benjamin Graham, consists in buying actions whose value can be undervalued by the market. Speaking on a Bloomberg Invest conference, the investor said that market enthusiasts could focus too much on short -term trends, and those ready to look at three or five years in advance can still reveal opportunities.
Ariel Investments remains firm in her belief in value investment, even in the climate of the current market. This confidence in its strategy has been reaffirmed in the fund’s letter of investors 2025 of the fund. Here is Ariel Fund to say:
Most of the main American clues ended in the first quarter of 2025 in red, investors fleeing security as optimism for another year of American outperformance motivated by economic momentum and the pro-business position of the new administration was quickly replaced by tariff fears and political uncertainty. The magnificent seven, which has led most of the market gains in the past three years, has resulted in the decline, lowering almost -15%. The value beat growth and large caps have resisted better than their little cap brothers. International stock markets, led by Europe and China, have increased – saying their strongest quarterly outperformance against the United States in 15 years. Meanwhile, the deterioration of the confidence and the apprehension of a world trade war fueling fears of the recession. While Wall Street is on the edge and the markets remain erratic, we are actively leaning into volatility by judiciously acquiring the oppressed actions of quality companies whose value must be carried out in the long term.
