determining an appropriate investment strategy presented by steve savage

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Determining an Appropriate Investment Strategy Presented by Steve Savage

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Page 1: Determining an Appropriate Investment Strategy Presented by Steve Savage

Determining anAppropriate Investment Strategy

Presented by Steve Savage

Page 2: Determining an Appropriate Investment Strategy Presented by Steve Savage

Executive Summary

Page 3: Determining an Appropriate Investment Strategy Presented by Steve Savage

Executive Summary

Performance Review

Market Outlook

Appendix Investment Commentary Reports

• Current valuations and future fundamentals are the drivers of long-term returns

• Fear and greed can drive shorter-term market behavior

• Shorter-term market dislocations can create opportunities for patient investors with a disciplined process who avoid emotion-driven mistakes

• Outcomes are uncertain so diversification is prudent

Litman Gregory’s Governing Investment Beliefs

3

Page 4: Determining an Appropriate Investment Strategy Presented by Steve Savage

4 Executive Summary

Performance Review

Market Outlook

Appendix Investment Commentary Reports

Page 5: Determining an Appropriate Investment Strategy Presented by Steve Savage

5 Executive Summary

Performance Review

Market Outlook

Appendix Investment Commentary Reports

Page 6: Determining an Appropriate Investment Strategy Presented by Steve Savage

6 Executive Summary

Performance Review

Market Outlook

Appendix Investment Commentary Reports

Page 7: Determining an Appropriate Investment Strategy Presented by Steve Savage

7 Executive Summary

Performance Review

Market Outlook

Appendix Investment Commentary Reports

Page 8: Determining an Appropriate Investment Strategy Presented by Steve Savage

8 Executive Summary

Performance Review

Market Outlook

Appendix Investment Commentary Reports