Markets. Big stocks are not cheap right now. We had an 8-9 year bull market. They are made all the more expensive given that interest rates might go up. He is a bottom up guy and feels there is always something to buy. Stocks always take a breather when they have had a run for a long time. You have to expect there will be a breather at some point. Have lots of cash and be ready to pounce when you have an opportunity.
Publisher, The President's Club Newsletter