Stock #10
In times of max uncertainty, stability is key.
This year has been marked with conflict, death and destruction... but also frothy valuations up and down the Tech/AI Stack.
People ask me, "What do you think about the markets?"
When I ask what they mean exactly, "Do you mean the indices, AI, the war, what Trump will say next?"
The typical response is..."Yeah basically all that!"
And this is where you see that most investors – even if they call themselves value investors, disciplined opportunists or just amateurs; don't really know what they are doing. They have no strategy or investment framework.
Using Market Agnosticism as a Tool
“As far as you are concerned, the stock market does not exist. Ignore it.”
-Warren Buffet
My solution to the problem where everyone asks everyone else where the market is going – is simply market agnosticism.
Philoinvestor
And that's what we use to structure the NED Index bottom-up, one stock at a time. Remember: There's always something to worry about.
The average return of all NED stocks is at 13% since inception of the index. This is the 10th stock in the portfolio with another 15 to go.
