What can I say, it was Friday afternoon and they wanted to chat about consumer staples and my general market outlook.
Does every interview need to be short bursts of sound bites? Clearly not.
I discuss a few individual stocks - but I’m really just trying to use a specific example to contextualize the broader zeitgeist of the market.
What I love about this interview is it’s much like how I would discuss a topic with another pro or CFA about the topic, not necessarily how I would talk to clients or the general public. This is a key advantage of doing stuff with Nicole. She is super patience with me, the producers give me the time, and on a Friday afternoon everyone wins.
While I caution people about small value, it’s done well this quarter and has a lot of potential as we reflate the economy. The problem is the short-term attention span of investors and the general momentum centric feel of the market. In other words, buyers are found higher and sellers found lower. That may be the case for a while.