On Keeping a Clear Head

On Keeping a Clear Head

by Bo Billeaud on March 16, 2020 The All-Weather Investor

Nick Murray is the advisor’s advisor.  I’ve recently been rereading some of his writings, which have been relevant, and remain so, especially today.  And by the way, this applies to all – obviously including us here at BCM.

 

Stocks won’t make you wealthy. Your behavior around stocks makes you wealthy.”

Nick Murray

 

When it comes to the financial markets, our reaction to market events is everything.  As disconcerting as coronavirus is, it is imperative to keep our eye on the prize and not let our fears – real as they may be – drive our actions. As Morgan Housel puts it, “The majority of long-term results are determined by decisions made during a minority of times, and right now is one of those times”.

Here at BCM, we have a thoughtful, well designed plan, which we believe will get us through this current situation.  While we certainly understand that everyone tends to respond differently to uncertainty, we sincerely believe that our balanced, disciplined approach along with our behavioral insights can help all of us remain clear headed as we navigate through this Coronavirus situation.

Our lines are always open, so please do not hesitate to get in touch with us if you’d like to discuss further.


For more information about Billeaud Capital Management and our offerings, please click here

 


About the Author

Joseph “Bo” Billeaud is the founder of Billeaud Capital Management. After earning a BS in Chemical Engineering (University of Louisiana, 1979) and while working in industry for seventeen years, Bo developed the market risk-control models and investment philosophy that undergirds all BCM portfolios. Since effecting a formal career change in 1996, Bo has helped BCM grow into a respected asset management and financial planning firm currently overseeing $400+ million dollars for individual, corporate, trust, retirement and 401(k) accounts…. Read more.