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On an eclectic Friday, it was wonderful to speak to Richard Sapristein who does financial advice in Manhattan. He's iconic all the way back to Opgo years and years ago and then Bear Stearns. But just to catch up on him in the state of advice across this nation given all the different distractions that we have right now. Daniel Blude came in restaurant tour, huge impact on the New York community. During COVID we caught up with him on new projects fancy, less fancy, and almost things we can
afford that's a joke. And then we had other great efforts. Brian Belski joined us with Humilis. Brian Belski has been in the market since two thousand and nine. He is a committed bull. Here on the next step.
I learned the business from a great gentleman by the name of William O'Neill, and he taught me how to be contrarian. And sometimes you have to think from a contrarian perspective and where the be where everybody else is
not number one, number two from a value perspective. There are inherent fundamental value properties in the market, especially within financials, but you can also buy damian turnaround companies that are let's say broken growth stocks that operationally have been broken due to management changes or missteps, that actually have a great platform or product. But we really think small cap small MidCap is going to be a very exciting place
the next ten years. If you add up all the small MidCap companies in the S and P one thousand by their market cap, they all add up to being less than the market cap of Apple, which to me is quite amazing and exciting because if you're a portfolio manager and a stock picker, you can have tracking air
and beat the market. So we think ultimately that we're going to see a little bit of an earnings revisi and downgrade to the really big stocks that's going to fade into the other five hundred and ninety I'm sorry, four hundred and ninety three stocks in the S and P five hundred, which will ultimately drive more of a broadening out.
Brian Belski and you see the acuity of his research. Just said idea of small and MidCap, how small it is compared to one of the mega hyperscalers a trillion dollar companies like Apple Computer, Tina Fordam across this transatlantic divide of international relations is just wonderful and Fordum Global Foresight Tina Fordam an update on your Secretary of State.
He has done a masterful job, I would say, Marco Ruvio of first of all, wearing a insane number of hats in this administration, speaking kind of sensibly and credibly in a way that the Vice President just just isn't given that kind of credit for we don't know what's
happening behind the scenes. I think the key variable will be watching is if Trump decides to shift focus to Cuba, which we know matters for Rubio as a as a child of Cuban emigrats, and what happens there, or whether he's able to, you know, perhaps quietly and below the radar kind of you know, return to some kind of more constructive lomacy both with Iran and in Ukraine, because the wit Coffin Kushner show hasn't really delivered much.
Tina Fordham is very insightful. Damien Sassar with me that I had a great observation on the length of the war in Ukraine. It's just we forget how long we've had these Multiple wars on podcasts were at Apple, where as Spotify on YouTube podcasts. It's single best idea