Bull Sessions (4/5/2022)

Stock Split Mania. Leveraged Circadian Coffee. The Best Part of Building Your Own Pension. Expected Returns highlights. These weekly discussions seek to explore relevant topics and/or actionable opportunities for deeper dives. The sessions are held on Tuesdays at 2 PM. The editorial calendar will include stock analysis methods, specific company studies, portfolio design and management, "missions" within Manifest Investing ...

In this April 5th, 2022 Bull Session webinar, hosts Ken Kavula and Mark Robertson provided an educational overview of market conditions and portfolio performance using the Modern Investment Club methodology. They began by reviewing the Value Line Arithmetic Index as a measure of total stock market performance, noting that average projected returns were hovering around 10%, consistent with long-term historical trends. The speakers discussed the Groundhog Contest leaderboard, highlighting how disciplined, long-term investors using fundamental analysis continue to outperform, with Kurt Kowitz demonstrating that spending minimal time on careful stock selection yields market-beating returns. Robertson and Kavula analyzed their "best small companies" portfolio, which has underperformed relative to the Russell 2000 and broader market—a concerning development they attributed to potential overthinking in the selection process. The majority of the webinar focused on detailed case studies of portfolio holdings and recent changes, examining the nuances of growth projections and fundamental analysis.