We argue that unlike in stock investing, actively managed bond funds can outperform bond index funds more consistently and thus can be used as candidate funds for fixed income/bond asset class.
Based on long term behavior of active stock funds, we believe the best way in stock investing is to invest in low cost index funds instead of active funds.
We summarize recent newsletters.
We review long term stock valuation metrics and their associated portfolios. We also discuss the scenarios in the current market environment if a bear market materializes.