I used to manage individual stock portfolios......back in the 1990s. I described myself as a Warren Buffett/Peter Lynch style manager. Buy companies you understand with good business models selling products people want at a fair price. This was the philosophy I followed. I felt like I was a
In 2021 a handful of different catalysts helped the stock market have another strong year. So far in 2022, not only have all those catalysts disappeared, but new obstacles have jumped up that have taken many investors by surprise.
In this SEM University, SEM Portfolio Manager, Jeff Hybiak discussed what
At SEM, we’ve always tried our best to understand the biases of the world and try to not let that affect our decisions as a company. Biases are almost always emotionally charged, and there are a lot of things that play to the emotions we feel. One of the
Our brains are programmed to remember more recent or very traumatic events more clearly, which makes us focus on those outcomes rather than other less memorable ones. This cycle actually drives bull and bear markets. Most investors individually follow the same emotional cycle. Since the markets are driven by humans,
The stock market ended up flat for the week, but the week ended on a negative note. On Wednesday we saw a euphoric 3% rally after the Fed raised interest rates. On Thursday and Friday the market took away that rally and then some. The fluctuations in the market this