So the recent headlines would have you believe that technology is done and all of a sudden, that small cap and international markets are all the rage. In the words of Lee Corso of ESPN fame - "Not so fast, my friend!"
Quick reminder for those of you who may be new readers of this blog: Watch what Wall Street does, not what they say... Being encouraged to sell your high growth companies at discounts or worse yet, buying all the misfit toys of fund managers who have not kept up with the markets growth over the past few years is a losing proposition. Wall Street fund managers want your growth companies shares so that they can load up before the next growth phase takes over because they missed the past moves since last April's tariff tantrums and are playing catch up.
On the other hand, adding to your portfolio with our list of technology and innovation growth companies who dominate their respective worldwide industries at discounted prices despite their earnings and revenues growing faster than we have seen in the past 5 quarters seems to be a much more sustainable route.
We buy the best, not the rest - and especially not someone's recycled themes. Focus on playing to win and you will. Focus. Invest. Rinse and repeat....