Articles authored by Mike Lawrence

Risk vs. reward. How do we balance both? Consider the child who calculates whether sneaking a cookie from the cookie jar is worth the risk of getting caught by an angry parent. Or the adventurer who knows the risks of scaling a tall mountain, but imagines the reward of reaching the highest peak. The risks …

Rising interest rates in response to ever-heightening inflation was a dominant theme driving stock market performance in 2022. Within that environment, value stocks enjoyed a strong relative performance advantage over growth stocks. This is similar to what played out during the 1970s, another period when value saw significant outperformance over growth. With interest rates remaining …