Review Detail

Fritz, thank you for another great session. Appreciate the candor on the possibility of this year (2024) being a little more uncertain due to the higher P/E multiple. Perhaps next time you can review the differences between the various asset classes' multiples (some small cap and mid cap stocks appear to have lower multiples, which might suggest that those sectors could outperform). It would also be helpful to hear your opinion on that topic generally. The run up in large cap US stocks vs. international etc