This month, Vista’s Chief Investment Officer Dougal Williams sat on an expert panel for the CFA Society Portland’s 13th Annual Investment Strategy Dinner. From 2018’s biggest market surprises to what’s ahead in 2019, here are select excerpts from his conversation.
This year’s buffet of market predictions appears appetizing at first, but our year-end retrospective shows that guesswork disguised as portfolio advice generally turns out to be wrong.
What do riptides and market volatility have in common? They’re scary and potentially harmful—unless you know how to navigate the waters.
Today, people are enamored of U.S. stocks and the attractive returns they’ve delivered. International stocks? Not so much. Giving up on international stocks now in favor of more U.S. stocks could be a big mistake.
In soccer, it’s hard to “do nothing.” It’s the same in investing. This year’s FIFA World Cup reminded us that while we don’t know which way the market will “kick the ball” tomorrow, next month, or next year, when it comes to long-term investing, staying centered wins.