Volatility: the New Reality
In my recent travels I've spoken with portfolio managers, analysts, and researchers from a wide variety of disciplines. The consensus of opinion is that we will continue to face market volatility as we move forward. Active portfolio management emphasizes diversification, focus, and a long-term perspective. ~ Joseph Chornyak, Sr.
While it may appear as though though there's a buy-and-hold strategy behind portfolio strategies today, what's really happening is that sound investing principles, those principles that have stood the test of time, are still in play.