By Nancy Tengler, CEO & Chief Investment Officer

Sentiment will shift at some point; we want to be ahead of the pack.

Warren Buffett has said many clever things over the decades. But the following is one of my favorites: “In the business world, the rearview mirror is always clearer than the windshield.” In other words, the past is crystal clear. The future? Not so much. That is why at turning points so many investors stay too long at bull market parties and bail out when bear market routs become too much to bear (pun not intended).