A Stock Picker’s Market, May 2015

The financial headlines tell us the stock market is hitting new highs, but they don’t tell us much about what is going on beneath the surface. Ron and Jeff Muhlenkamp talk about some of the cross currents in the global markets and economies because we think future returns will depend on what you own, when you bought it, and what you paid to get it—owning an index, industry or sector will be less useful. To us, that’s the very definition of A Stock Picker’s Market. This presentation of A Stock Picker’s Market was recorded on May 5, 2015 at our investment seminar/webcast.

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