Have you noticed how rampant speculation is? Random investors seem to be making money hand over fist in numerous assets: disruptive companies like Tesla, whose stock has soared 600% in the last 12 months. Old economy stocks like video retailer GameStop up nearly 6,000% propelled by traders on commission-free trading platforms like Robinhood.
These are not isolated events. The zeitgeist is becoming very bullish. Do you feel like you are missing out? Has the world moved on?
No, it has not according to this week’s guest. In part 2 of our interview with financial thought leader, Richard Bernstein he makes a compelling case for long-term fundamental investing.
Bernstein is Chief Executive and Chief Investment Officer of Richard Bernstein Advisors. Rich has also been a regular since WEALTHTRACK’s launch in 2005. We’ve weathered our share of booms and busts over the years. He will discuss some time-tested strategies to invest successfully through both conditions.
WEALTHTRACK #1741 broadcast on April 9, 2021
More info and the “Boomer knows best” - RBA Insights, March 2021” available here: https://wealthtrack.com/time-tested-strategies-for-successful-investing-with-hall-of-fame-strategist-richard-bernstein/
Navigate the Noise: Investing in the New Age of Media and Hype: https://amzn.to/2Rrfm5f