Alpha Vee: Get Systematic Exposure To Smaller Stocks
The small- and mid-cap universe has become a little impenetrable in recent years but clients will welcome the chance to capture better growth profiles
The small- and mid-cap universe has become a little impenetrable in recent years but clients will welcome the chance to capture better growth profiles
We all know retail investors follow unproductive psychological patterns. It's important for advisors to know they aren't immune to similar biases.
Despite the flashy headlines, the Bull/Bear indicator was recently 100% bullish, indicating gains ahead as walls of worry fall. Stick to the plan.
If you own and plan to hold municipal bond closed-end funds versus cash bonds, relative value provides a compelling reason to allocate money here.
Stress, although uncomfortable, can help build long-term resilience and strength into the system. Some will see the “swings” as flaws or system bugs.
Market pullbacks help reset valuation at a lower and more supportive level for stocks and they tend to push investor sentiment toward pessimism.
Inexperienced fliers often panic when the plane bounces around, but you know who doesn’t panic? The pilot and crew. They know turbulence is normal.