What we must recognize today is what worked in the past tends to no longer work. In fact, many of the things that worked previously, now work in reverse. Meaning, the results of these actions not only carry a host of unintended consequences but they also actually produce the opposite of what we would expect based on previous experience. Finding someone with 30-40 years experience may prove to be a huge liability today.

Think about it for a minute.

Anyone who was convinced that they were safely diversified over an array of assets (equities, bonds, commodities, precious metals and real estate) in 2008 - watched their net worth plummet by 30- 50%, on average. 2008 not only discredited the entire financial establishment, the random walkers and Modern Portfolio Theorists, it exposed most investors’ belief systems about real estate prices and equity returns over 10 year periods as tommyrot. THE CONVERSATION IS CHANGING!

We are witnessing a change in the structure in the way the world works.

Today we all feel the constant bombardment of news detailing the disintegrating social vibe that we are forced to live with on a daily basis. This vibe really describes the underlying social mood that has been building for more than 11 years now. With a change in social mood, there is also a change in the ‘money conversation’.

It is even more crucial in these times to step away, turn off the noise, and begin to listen to the market. To step away and listen to how the ‘money conversation’ is changing. To anticipate how these changes will affect asset prices, and to act.
THE CONVERSATION IS CHANGING!