cresset

American  

[kres-it] / ˈkrɛs ɪt /

noun

1. a metal cup or basket often mounted on a pole or suspended from above, containing oil, pitch, a rope steeped in rosin, etc., burned as a light or beacon.

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cresset British  

/ ˈkrɛsɪt /

noun

1. history a metal basket mounted on a pole in which oil or pitch was burned for illumination

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Etymology

Origin of cresset

1325–75; Middle English < Anglo-French, Old French craisset, equivalent to cras grease + -et -et

Example Sentences

But Jack Ablin, chief investment strategist at money manager Cresset, has identified a related trait shared by some companies that are both younger and flashier than Berkshire.

From The Wall Street Journal

Concentration risk isn’t just a stock-market issue, says Jack Ablin, chief investment strategist at Cresset Capital.

From The Wall Street Journal

Cresset has leaned into value stocks and small-caps recently, expecting that both will benefit from interest-rate cuts and lower financing costs this year.

From The Wall Street Journal

“Valuations are stretched,” said Jack Ablin, chief investment strategist at Cresset Capital.

From The Wall Street Journal

"The economy appears to be still holding up reasonably well but the market still faces very expensive valuations," said Jack Ablin of Cresset Capital.

From Barron's