Typically, when I’ve written blogs, they’ve focused on a specific topic, theme or issue. I thought it would be good to switch things up a little bit and share some interesting statistics and thoughts about the financial markets.  

The case for active management

I recently came across the chart below which shows the total returns of the “buy and forget” stocks that in 2000, Fortune Magazine predicted would last a decade:

The last few weeks have been a little unnerving for those invested in the stock market. The media constantly bombards you with reasons (trade wars, higher interest rates, China) as to why the market is falling. Of course, it’s important to know why but understand that we have little control over the variables that make markets move.

The recent market sell-off has garnered quite a bit of attention, and we wanted to reach out to let you know our thoughts. We know this kind of market activity is unsettling. This current slide in equity prices feels particularly unpleasant, since the market has been mostly placid this year and has been on a steady advance the last six years.