Bill Miller, Chief Investment Officer
On this week’s podcast (recorded March 11, 2014):
- What we like: Middle of business cycle; increasing amount of deals in the markets; John Maynard Keynes’ “animal spirits” influencing economists’ foresight for pick up in spring and summer; earning estimates for first quarter too low – good news; out of the woods with Fed tapering
- What we don’t like: Uniform belief that it is all good news; consensus view means meeting numbers is not enough
- What we are doing about it: Some rebalancing; watchful that the consensus opinion is not so well-believed.
Click the play icon below to launch the audio recording.
The views expressed are those of Brinker Capital and are for informational purposes only. Holdings are subject to change.