Trading Through Turbulence: Portfolio Management in Uncertain Times

Published on
May 6th, 2020
Duration
30 minutes

Leveling the Playing Field with Decentralized Finance


Trading Through Turbulence: Portfolio Management in Uncertain Times

The Expert View ·
Featuring Louis Llanes

Published on: May 6th, 2020 • Duration: 30 minutes

If you can't sit on billions in cash like Warren Buffett or Sam Zell, what the hell should you do with your portfolio during all this uncertainty? Louis Llanes, CFA, CMT, founder of Wealthnet Investments, is here to help answer that question with a look at how he's been managing these markets. He explains his current perspective on aspects of risk management like position sizing and exiting active positions. He also provides a few examples of the types of companies and assets investors should be focusing on. Filmed on May 5, 2020.

Comments

Transcript

  • JW
    Joel W.
    7 May 2020 @ 21:18
    Thanks Louis for another great RV segment!
    • LL
      Louis L. | Contributor
      12 May 2020 @ 23:46
      Than you Joel
  • ML
    Mehdi L.
    10 May 2020 @ 19:41
    I enjoy hearing about specific stocks and trades. People who put their ideas out there. Some skin in the game.
  • XF
    Xavier F.
    8 May 2020 @ 02:43
    thanks excellent
  • NG
    Nelly G.
    7 May 2020 @ 20:31
    Great interview! Amazing insights. Please avoid interviews like the one with Mahmood Noorani. It's better to post 1 quality interview monthly (like this one) rather than just posting interviews for the sake of posting content.
  • IP
    IDA P.
    7 May 2020 @ 14:03
    excellent
  • HM
    Henley M.
    7 May 2020 @ 00:03
    Very good. Some of this sounds very similar to the strategy of William J O'Neil, one of the great growth stock investor who founded IBD. Interestingly the Investor Business Daily Newspaper was put together for O'Neil's benefit.
    • LL
      Louis L. | Contributor
      7 May 2020 @ 12:01
      Thank you. Yes, William O'Niel and Mark Minervini are some of my influences when it comes to investing. So has George Soros, Jimmy Rogers, and Benjamin Graham. Everyon's style morphs through influences. In kind-of like rock guitarists...they all started with Jimmy Hendrix. :-)
  • MC
    Michael C.
    7 May 2020 @ 04:52
    Brilliant ! Thank you. This is the quality I am looking for from RV. Louis is a real professional money manager with a real process as opposed to chasing the tape. He follows a well thought out and tested asset allocation strategy within a risk management framework. Louis is articulate and gave us a real look under the hood, and he didn't need to lean on the "buy because the Fed is printing money" narrative once as his excuse as to why he is 60% invested.
  • JM
    Jake M.
    7 May 2020 @ 03:41
    If we have big deflation, isn't it going to hurt gold alot? curious why gold mining is considered a good investment given the big deflation scenario.
    • PP
      Patrick P.
      7 May 2020 @ 04:06
      It starts as deflation, then moves to stagflation and ultimately inflation. Gold historically has acted as a store of value which can not be debased...since it has a limited supply. The cash in your pocket has less purchasing power today than yesterday... and that is because the supply of dollars has been drastically increased just in the last few months....Do yourself a favor and compare Gold to the S&P 500 starting in 2000. Why 2000? Mainly because the Fed has actively controlled the supply of money and interest rates and has distorted paper (fiat) money's value/purchasing power. The Fed can not print gold.
    • BC
      Burton C.
      7 May 2020 @ 04:09
      The real price of gold goes down in a business expansion and goes up in a business contraction. Gold miners best performing time period is in a post bubble contraction. These come around every 60 years or so and we just started one, Back up the truck
  • KB
    Keith B.
    7 May 2020 @ 03:58
    Great interview. Good mix of theory and actionable content
  • KS
    Karin S.
    6 May 2020 @ 16:04
    Does anyone know the stock symbol for Veeva/Viva not sure how to spell it, I've never heard of the company.
    • KS
      Karin S.
      6 May 2020 @ 16:10
      Never mind, I found it!
    • CM
      Chris M.
      6 May 2020 @ 18:49
      What is the symbol?
    • CM
      Chris M.
      6 May 2020 @ 19:09
      Got it as well. VEEV. Was listening and didn't see the title slide in the presentation.
  • WW
    Will W.
    6 May 2020 @ 16:31
    Where is the transcript link?
  • lD
    lance D.
    6 May 2020 @ 15:57
    yeah i get a lot from this blokes videos- ya alright you are. lol
  • DP
    Duane P.
    6 May 2020 @ 15:31
    This was great! Straight to the point. Objective. No fluff. Real ideas and strategy. Sensible time frames to actually allow fundamentals to play out. Thanks!
  • GS
    George S.
    6 May 2020 @ 15:15
    Amazing quality
  • tW
    tgwtom W.
    6 May 2020 @ 14:54
    That feeling when someone gives a shoutout to your main holding (NEM) ...nice presentation.
  • SS
    Steve S.
    6 May 2020 @ 11:10
    This is more like it. Loved this. The last few interviews really let me down.
  • MT
    Mark T.
    6 May 2020 @ 09:37
    Fantastic! More of this please