The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
Strategist Jason Trennert gave a great interview in Barron�s recently. It characterized him as a short-term bear, but a long-term bull. John and David have had similar thoughts recently. In their real-money portfolio, they�re doing three things. First, they are holding some excess cash and being opportunistic with their purchases. Second, they are looking for more Income-generating stocks. But most importantly, they are looking for great businesses in strong trends that can, over the long-term, create value.�John and David have chosen to play a little defense today, in order to go on offense when the opportunity comes along.
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