In this episode, Mark talks about how you need to know the fundamentals of company and do not become myopic in the process of investing. In this earning season, stocks have moved in extreme direction. He talks about the “stock pickers market”: the market is overvalued, stocks are expensive, just sit in cash and wait for correction. Transparency and flexibility create the opportunity to invest in businesses at appropriate times. You should rebalance: look at your portfolio and you move your portfolio to the target percentages that you want to own in your portfolio. Not one position can make or break your portfolio - there are no guarantees!
May 10, 2017