In this episode, Mark talks about nailing down the basics in order to be a successful investor. He says you don't have to use difficult models or algorithms to be successful - active management is key, especially when the market is so uncertain. Bond yields are decreasing, the market is slowing down, and people are moving to safety. In order to be successful, you must understand the potential for hiccups in your portfolio if something were to happen. Many businesses and stocks are hitting all-time highs in the US, so people are afraid. He suggests that people should forget what the index is doing, think about the businesses they own, and if you don't know what you own, you should definitely figure it out!
July 26, 2016