Create Wealth Opportunities By Planning Ahead
“When you plan for a range of contingencies well in advance, the future is filled with opportunity, not anxiety. It's not about just being rich or making money for its own sake. It's about building wealth so that you can have flexibility, choices and independence to live life on your own terms.”
Aditi Javeri Gokhale EVP & Chief Commercial Officer; President, Investment Products and Services, Northwestern Mutual
Why A Recession Is Unlikely
“After the holiday season, I think that we'll face an inventory problem that will cause fears of recession. Corporations have been, up until now, so conservatively postured that they've got a lot of capital spending to do to catch up with the digital age.”
Cathie Wood Founder, CEO & CIO, Ark Investment Management
Transitioning Toward A Net-Zero World
“There’s a view that transition means moving away from oil and gas ... and that the world will ultimately become more renewables, all battery, and that we’ll have no gas-fired generation, no gasoline, no diesel. In my mind, what transition means is the transition toward a net-zero energy system.”
Ben Dell Founder & Managing Partner, Kimmeridge
Preparing For Peak Oil
John Goff Chairman Of The Board, Crescent Real Estate And Contango Oil & Gas Company
“I think it’s highly predictable that in the next 10 years we probably will see peak demand, and the reliance on oil and gas is going to continue. So how do we produce it? How do we develop it in a much smarter, cleaner way?”
Instead Of Chasing Yield, Focus On Cash Flow
Mark Astrinos Principal & Founder, Libra Wealth
“There are a lot of implications if you’re just solely focused on income. You need to unpack things like risk, diversification, their spending plan. So I try to reframe the conversation. Instead of searching for yield and income, it’s better to have an appropriate spending plan from the portfolio.”
Inflation May Make Some Asset Classes Less Appealing
Brent Schutte Chief Investment Strategist, Northwestern Mutual Wealth Management Company
“If you think about stocks and bonds, they tend to do well in different environments. The one environment that you may see unwind both of them just a bit would be inflation. If inflation is more persistent, an asset class that would have to be doing well, much like it has this year, is commodities.”
Prepare For Higher Taxes, But Don’t Let Them Dictate Strategy
Daniel Mayo National Lead, Federal Tax Policy, Withum
“Don't let the tax tail wag the planning dog. But if you are thinking of selling a business, it still might make sense to accelerate that sale into 2021 rather than defer it to 2022.”
Understanding The Cryptocurrency Boom
Ric Edelman Founder, Digital Assets Council Of Financial Professionals
“We're able to execute transactions faster, safer, more cheaply, with greater transparency—including [for] the billion people on the planet who are excluded from the world's banking system because they don't have a lot of money. This is transformative, and the price is simply reflecting the supply and demand.”
Why ESG Should Matter To All Investors
Katherine Kroll Investment Specialist, Brown Advisory
“The problems that ESG serves to help solve for—things like climate change, social inequality, better governance—they're not going away. They're growing in scale, and it ultimately is to the advantage of any type of investor to pay attention to those factors.”
You Don’t Have To Sacrifice Returns To Make A Difference
Justina Lai Chief Impact Officer & Shareholder, Wetherby Asset Management
“It's absolutely not necessary to sacrifice financial performance for impact. But with that said, there are limitations if your goals are [pursuing] only those opportunities that generate risk-adjusted bargain rates of return or better. We need to acknowledge that investment capital is not a silver bullet. It really can't solve all social challenges in the world.”
More Than Risk, China Also Represents Resilience
Jason Hsu Founder, Chairman & CIO, Rayliant Global Advisors
“When you think about China as risky, you also want to think about China as a diversifier. I don't think of investing in China as, ‘I'm betting against the U.S. or I'm rotating out of the U.S. because I don't believe in the U.S., I believe in China.’ That's not the story at all.”
Consider Small Companies For Big ESG Impact
John Oxtoby SVP & Director Of ESG Investing, Ariel Investments
“I think this ESG conversation on Wall Street does tend to often focus on these large-cap companies. As long-term shareholders with strong relationships and real access to management teams, we can make more of a difference with a small-cap company, for example, than we could [with] an S&P 500 company.”
