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ROKU - 2020 Portfolio Positioning Series: Avoid Much Of The Macro Noise With A Bottom-Up Approach
Roku Inc.
1) What do you expect to be the key driver of stock market performance over the course of 2020? If you focus on a specific asset class, please address that e.g., what will be the key driver of oil?
For me, earning prospects are always the main focus but for market averages, the economy, interest rates and the election will also play a role. I'm not too focused on that as, despite being a macro-economist by training, I'm really a bottom-up investor fishing largely in the small-cap technology universe where market averages and macro concerns,