Ann: Profit Guidance, page-193

At times like this I always take a look at my portfolio and ask the question, well if you don't want to hold a stock like EML, what else do I hold?
I mean do I hold CBA or any other of the yesterday style financials? Do I hold Telstra? Do I hold even BHP?
I mean going into a recession what do you hold? Do you really want huge % exposure to the (so called) "Blue chips" just at a time the wildebeest might start withdrawing their capital from super funds and etf's in droves?
Point being everyone is a market and stock specific timing genius and of course everyone is in cash now earning -10% aren;t they... and bonds are just an awesome choice at the start of the greatest likely bond rout and bond bear market in history...
Times like this I start turning off "the advice"
No advice
(IMO)