As a long-term investor, I avoid focusing on the market's day-to-day moves. After all, one day in the market is just that—one day.
However, over the past month, I have spent a lot of energy extolling the virtues of diversification and explaining why I felt the IVA Portfolios were well-positioned for a turn in the market cycle.
Well, yesterday’s technology stock-led market sell-off put diversification and my Portfolios to the test. Both passed with flying colors.