Q: Good article. I like the small value stock analysis and comparison to other ways of investing in stock. What is the best strategy to avoid market loss and invest defensively?
A: Thanks! For most, the only defensive strategy to protect against loss is the addition of fixed income securities. For a very small fraction of investors market timing can work. I have half my own portfolio defended with fixed income and the other half using trend-following market timing strategies. I will write more about the timing in future articles and podcasts.