Bull Sessions (9/12/2023)

These weekly discussions seek to explore relevant topics and/or actionable opportunities for deeper dives. The sessions are generally held on Tuesdays at 2 PM ET. The editorial calendar will include stock analysis methods, specific company studies, portfolio design and management, “missions” within Manifest Investing …

In this September 12, 2023 Bull Sessions webinar, Mark Robertson and Ken Kavula from Manifest Investing, joined by Kevin Gillogli and Matt Spielman, paid tribute to Betty Sinnock and the Beardstown Ladies investment club movement, whose philosophy of accessible, teachable investing aligned with the modern investment club methodology. The session covered market conditions using the Value Line Arithmetic Average and MIPAR (Manifest Investing Median Projected Annual Return) metrics, showing stocks down slightly but return forecasts remaining in normal territory around 9.5-11%. The panel discussed regional banking recovery, with deposits returning to normal levels at institutions like Service First Bank and KeyBank, while cautioning about regulatory headwinds from Basel 3 recommendations. The speakers also previewed the film "Dumb Money," based on the GameStop-Reddit phenomenon, emphasizing that retail investors are not always the "dumb money" that talking heads suggest.