Why IMU is a multi multi bagger, page-204

I hear you. As a rule I try not to let what markets are doing infect my investment decisions. If the markets tank there is no doubt your comments will ring in my ear. The point I'd like up point out is this - markets are volatile. Right now we are in a low inflationary environment with low rates and the Fed saying they won't raise even if inflation shows itself. With oil languishing don't expect inflation to surface in a threatening way. In fact we should be more worried of deflation in which case rates go more negative and equities are exactly the only game in town imho