Salacious Headlines that Haunt Investors
Anxiety levels of investors in the 2018 Mini Panic reached a frenzy at the lows of Christmas Eve. With the benefit of hindsight, many investors are regretting overreactions that included failing to scoop up bargains and even selling into irrationally low prices. What would have made a key difference for long term investors? Confidence comes with great research, excess portfolio cash flow, and a long term well founded goal to maximize outcomes with reliability.
This weekend’s NetWorth Radio program shreds the salacious headlines into fertilizer for great portfolios. Throughout the 4th quarter of 2018, we emphasized in each broadcast the bargains to accumulate, where appropriate, in Global High Yield bond funds and Energy Infrastructure. These high cash flow assets led traditional Fixed Income and Equity Index allocations in the current 2019 rally. Anxiety and fear-mongering often correspond to bargains!
J.P.Morgan Guide to The Markets – Diversification and The Average Investor, pg 64
J.P.Morgan Guide to The Markets – Asset Class Returns, pg 60
J.P.Morgan Guide to The Markets – Fixed Income Sector Returns, pg 40
J.P.Morgan Guide to The Markets – Consumer Finances, pg 21
J.P.Morgan Guide to The Markets – Federal Finances, pg 24
Headline Round Up!
*Junk Bond Updates.
*King Dollar Grows and Stays Strong! Lessons from 2011.
*2018 Texas Oil Production Highest in History!
*Energy and Energy Infrastructure Updates. LNG Approval Updates.
*Goldman Bullish on Oil Prices.
*Trump Announces Flexibility to Extend March 2nd Tariff’s on China. Mid Week Equity Rally Corresponds.
*Beware the IPO: Lyft Founders Planning NON Voting Shares to Sell to Potential Victims.
Our NetWorth Radio Texas Business Leadership series continues with Recurrent Investment Advisors Brad Olsen, a Houston based energy infrastructure expert with deep insights based upon institutional research.
Prior to co-founding Recurrent, Brad was most recently the lead MLP portfolio manager for BP Capital Fund Advisors (BPCFA). Under Brad’s leadership, MLP AUM more than doubled (excluding the impact of appreciation).
From 2011 to 2015, Brad led Midstream Research for Tudor, Pickering, Holt & Co. (TPH & Co.), where he was recognized as the top all-around stock picker in the US by the Financial Times in 2013, and the top energy stock picker in the US by Starmine in 2014. Under Olsen’s leadership, the TPH & Co. midstream team was recognized in the WSJ’s “Best on the Street” poll as well as by Institutional Investor Magazine.
Brad also has experience as an investment analyst at Eagle Global Advisors in Houston, where he was part of a 3-person team that grew midstream/MLP AUM from $300mm to over $1bn from 2008 through 2011. He has also worked in investment roles at Millennium International, a large global hedge fund, and Strome Investment Management, an energy-focused hedge fund based in Santa Monica, CA. He began his career in the UBS Investment Banking Global Energy Group in Houston.
Brad earned a BA in Philosophy, Political Science, and Slavic Studies from Rice University in Houston.
Brad resides in Houston with his wife and four children. Brad was nearly fluent in Russian, but is very rusty.
*Crazy Rich Congressional Members! Bi-Partisan Big Money Wealth with Sometimes Mysterious Origins.
*The Updated Estate Planning Package!
*The Guide to MGAM Trustee Boot Camp: Get your Heirs Smart! Lessons from MGAM winning clients! Frugality, enterprise, and passions for investing.
*401k: Semi Annual Allocation process and the Direct Rollover Conference Call.