Today's Post - https://bahnsen.co/3UYlHC2

David discusses recent market volatility, highlighting large fluctuations in the Dow over the past few months. He emphasizes the importance of avoiding high-risk trades and the hazards of following market trends blindly. The speaker delves into various investor sentiment indicators, such as credit spreads and the VIX index, suggesting a current market frothiness. The main focus is on the value of diversification, both across asset classes and within them, to mitigate risk. He contrasts widespread index investing with a more concentrated approach that prioritizes dividend growth stocks. The host underscores the importance of conviction over quantity in constructing a portfolio, advocating for a strategy rooted in fundamental investment logic rather than crowd-following.

Links mentioned in this episode: