In this episode, Mark talks about how volatility creates opportunity and sales creates the ability to buy. You have to be very careful how much you invest in companies. You must understand where the exposure is and what that means for the company. The quality of management in the companies you invest in is very important. When you invest you do not do so in one company just to own it, you invest for an overall strategy. Reinsurance stocks are great, but it should only be a competent to help accomplish investment and planning goals. Risk management is incredibly important when it comes to risk assessment in the economy and your portfolio. You need to be investing in good businesses in this current market. There still could be corrections and black swan events. It continues to be a great opportunity to invest in good businesses over time.

September 12, 2017