What The "Big Money" Is Thinking
Portfolio Strategy, ETF investing, model portfolio
Contributor Since 2008
Trader, analyst & portfolio manager, from 1975 - 2001. Former head of equity trading at Northern Trust Co. in Chicago. Now a private investor, founder of a nonprofit investor advocacy firm, and private investing coach.
It gives me great satisfaction to teach retail investors the same skills and strategies that I used with my high net worth clients as a private wealth manager. It may be a cliche, but giving something back to the community is more rewarding to me than helping very rich people get even richer.
Summary
- Barron's Big Money Poll is out.
- I summarized the highlights for you.
- Remember - Big Money doesn't necessarily mean Smart Money.
- I do have contacts in the Smart Money community.
I've been an avid reader of Barron's magazine since the early 1980s. Like all great publications, the quality of their journalism has slipped a bit over the decades, but that's mostly down to a need to survive in a world of eyeballs and clicks. So I don't blame the editors for dumbing things down a bit.
The Big Money poll is a semi-annual survey of investment managers who have big chunks of money under their control. This by itself doesn't mean that the opinions they express are any better than yours or mine, but it does represent a fairly large swath of the upper echelons of wealth management. Take these opinions with a grain of salt.
I boiled down Barron's findings into what I think is an easy to digest list of estimates, predictions, and preferences. In the hope that Barron's doesn't sue me for copyright infringement, here is a link to the original article.
Without further ado, here is my summary of the results of the Big Money Poll.
I could comment on some or all of these opinions, but I'll leave that up to you. If you look closely you will find some contradictions, and a few surprises.
Happy reading.
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Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.