In this episode, Mark talks about how the stock market is filled with individuals who know the price of everything, but know the value of nothing. Different ups and downs this year have had varying long term impact on portfolios. We have seen many markets around the world performing differently and yielding different returns, which is why comparing your portfolio to a benchmark is a mistake. The industry continues to focus on short term returns and fees. Comparing your portfolio to a benchmark or index gives the investor the misinterpretation of the quality of their portfolio - all portfolios are not created equal. You should own emerging stocks, those percentages are based on your portfolio over time and goals.
January 10, 2017