Interview, Fireside Chat
Sharmin Mossavar-Rahmani: Long US stocks Amid Volatility
- Anticipates a broad market recovery where the economy rebounds and specific negative events pass, advising investors to maintain staying power through transitions.
- Expects geopolitical conflicts, specifically the wars in Russia-Ukraine and involving Iran, to eventually end despite unknown timing for these terminations.
- Predicts the continuation of future geopolitical events, necessitating the ability to separate noise from signal amidst information floods.
- Notes a structural shift in U.S. energy dynamics since the 1970s, where the U.S. now produces more oil and exports more liquefied natural gas than Qatar, potentially altering the impact of future oil shocks.
- Maintains an outlook that U.S. equities will remain upward trending, driven by expected growth in earnings supported by an upward-trending U.S. economic trajectory.
- Warns that investors exiting markets during volatility often fail to re-enter before price recoveries, potentially incurring unnecessary taxes.
- Plans to operate under the strategic theme of U.S. preeminence, a view asserted to persist regardless of changes in the U.S. presidency or administration.
- States that the core investment philosophy of being rigorous, analytical, and utilizing a strong framework remains unchanged since 1993.
- Leverages a global footprint spanning from Hong Kong to California with just over 110 staff to continue being exceptional.
- Indicates that Sharmeen Mosabar-Rahmani will retire from her partner role at the end of the current year following 33 years of service.