Investing through Adversity - Chris Davis on Consuelo Mack’s WealthTrack

The insight that this obscure statistic can reveal about the valuation of a business

Why are Financials attractive now? Financials are the cheapest sector in the market, yet have the strongest balance sheets in their history, growing market dominance, record net income and an improving regulatory environment.

To benefit from the wealth-building potential of equities, investors need to understand that pullbacks and drama will be an inevitable part of the journey.