“Long-Term Optimist, Short-Term Cautious Optimist:” A Day at Future Proof with Sam Ro
The Sandbox Daily (9.25.2024)
Welcome, Sandbox friends.
Today’s Daily discusses:
average returns
when disaster strikes your position
recession playbook
advice for 18-yr old Sam
book recommendations
what Main Street gets wrong about Wall Street
common financial regrets
Let’s dig in.
Markets in review
EQUITIES: Nasdaq 100 +0.14% | S&P 500 -0.19% | Dow -0.70% | Russell 2000 -1.19%
FIXED INCOME: Barclays Agg Bond -0.38% | High Yield -0.11% | 2yr UST 3.563% | 10yr UST 3.792%
COMMODITIES: Brent Crude -2.12% to $73.58/barrel. Gold +0.23% to $2,683.1/oz.
BITCOIN: -1.19% to $63,389
US DOLLAR INDEX: +0.50% to 100.971
CBOE EQUITY PUT/CALL RATIO: 0.54
VIX: +0.13% to 15.41
Quote of the day
“Fear has a greater grasp on human action than does the impressive weight of historical evidence.”
- Jeremy Siegel, Professor of Finance at the Wharton School
“Long-Term Optimist, Short-Term Cautious Optimist:” A Day at Future Proof with Sam Ro
Today is a special edition of The Sandbox Daily in which we are joined by Sam Ro of TKer.co.
Last week, when Sandbox Financial Partners headed west to the Future Proof Wealth Festival in Huntington Beach, CA, we sat down with various folks across the industry to discuss investing principles, human behavior, markets, and the economy.
If there is one public doctrine that best encapsulates my investment philosophy and thought process to approaching financial markets, it’s Sam Ro’s timeless piece: 10 Truths About the Stock Market.
I open this bit of gospel on what seems like a weekly basis. And yet, this foundational piece is only the tip of the iceberg.
With so much noise and opinions and news flow and market cycles and conflicting data points floating around the ether, Sam Ro rises high above the tide and delivers clear, thoughtful perspectives for long-term investors.
I’ve been a fan of Sam’s work for many years, and only recently had the pleasure of meeting him in person – Sam is more delightful in person than on paper!
I’m thrilled to share this Q&A with you. Enjoy!
Sam Ro is the award-winning Writer and Editor of TKer.co, an online newsletter that provides data and insights for long-term investors. Previously, Sam has written and directed markets coverage for Axios, Yahoo Finance, Business Insider, and Forbes, among others. Sam is frequently a guest on various business television outlets and podcasts. In Sam’s own words: “I'm a financial markets junkie, and I'm obsessed with understanding the news, data, technical factors and behavioral biases that make prices move.” Sam Ro is a CFA charterholder.
Newsletter: TKer (pronounced like ‘ticker’)
Twitter: @SamRo
LinkedIn: Sam Ro
Substack:
That’s all for today.
Blake
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Welcome to The Sandbox Daily, a daily curation of relevant research at the intersection of markets, economics, and lifestyle. We are committed to delivering high-quality and timely content to help investors make sense of capital markets.
Blake Millard is the Director of Investments at Sandbox Financial Partners, a Registered Investment Advisor. All opinions expressed here are solely his opinion and do not express or reflect the opinion of Sandbox Financial Partners. This Substack channel is for informational purposes only and should not be construed as investment advice. The information and opinions provided within should not be taken as specific advice on the merits of any investment decision by the reader. Investors should conduct their own due diligence regarding the prospects of any security discussed herein based on such investors’ own review of publicly available information. Clients of Sandbox Financial Partners may maintain positions in the markets, indexes, corporations, and/or securities discussed within The Sandbox Daily. Any projections, market outlooks, or estimates stated here are forward looking statements and are inherently unreliable; they are based upon certain assumptions and should not be construed to be indicative of the actual events that will occur.
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