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

Why experience teaches that “You make most of your money in a bear market, you just don’t realize it at the time”

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.

The danger of investment products built on back testing. Markets continuously evolve and factors that seemed to have worked in the past may not work going forward.