This Too Shall Pass

I listened to Steve Cowley speak this week and what a contrast in perspective between what he has to say and what the overly sensational media continues to report.

Steve is a certified financial analyst and portfolio manager at LA based One Capital Management, LLC, a portfolio management and strategy firm that I have worked closely with over the last few years.

Steve is busy looking for value in and amongst the myriad of companies who's stock prices have been battered in the wake of the meltdown in global equity markets resulting from the financial and liquidity crisis that peaked in the final quarter of 2008.

Steve's voice is one of reason in a world that has been shaken to the core and is still reeling from the erosion of personal wealth.

To Steve the future is exciting from a global growth perspective (once we get beyond 2009) and current valuations therefore represent "the best we've seen in years"! In 5 years returns have significant upside as the economy reverts back to a normal, non-recessionary environment.There are tremendous opportunities that exist for investors right now, especially in Financial Services (currently one of the most depressed sectors in the economy).

As Steve wrapped up his discussion he summed it up by saying that "this too shall pass" and that, despite what we are reading and hearing in the media, this downturn is not as severe as either the 70's or 80's recessions. Nowhere near the Great Depression. We are in the midst of some fairly difficult times, but that the future is exciting.

The future.....the future has tremendous upside potential.
Time to stop worrying about what is now and get busy positioning ourselves appropriately to take advantage of what the future is going to bring.

Listening to Steve was like a fresh breeze blowing in bringing a new weather system.

I will be hosting Steve at my next Webinar event on April 8th at 4pm. Tune in if you would like a "fresh" perspective.


Title: This Too Shall Pass
Date: Wednesday, April 8, 2009
Time: 4:00 PM - 4:30 PM EDT
After registering you will receive a confirmation email containing information about joining the Webinar.


Reserve your Webinar seat now at:

https://www1.gotomeeting.com/register/832044908

If you missed the webinar: visit this site for a replay:

http://www.onecapital.com/ourcomments.html

and click on the webcast for "This Too Shall Pass".




System RequirementsPC-based attendeesRequired: Windows® 2000, XP Home, XP Pro, 2003 Server, Vista
Macintosh®-based attendeesRequired: Mac OS® X 10.4 (Tiger®) or newer