The findings are "compelling because the change in CEOs' revenue confidence has proven to be a reliable indicator of both the direction and the level of global GDP growth...
"We have been negative on NFLX’s earnings prospects for a long time, and we used the late-2019 bounce in the shares to make it a more substantial investment."
"There was a brief period in September when the environment was favorable for us. But that dynamic reversed in the fourth quarter and by year-end, growth stocks had outperformed value stocks for the year by 15%."
"You have to have a well-diversified portfolio, you have to be global, and you have to have balance...and you have to have a certain amount of gold in your portfolio..."