CalSTRS CIO Ailman Says February Was a Tough Month

The video discusses recent market losses involving major companies like Apple, Microsoft, and Amazon. It emphasizes a long-term investment strategy, noting that February was a challenging month due to high volatility. The speaker highlights their approach of taking profits during market highs and anticipates continued volatility. They have adjusted their asset allocation to be neutral and are exploring global investment opportunities.

How did February's market performance affect the long-term investment strategy?

What factors contributed to the decision to be a net seller of the US equity market?

What does the speaker mean by 'volatility is finally coming back'?

What unusual market behavior was noted in 2017 compared to February's performance?

What actions were taken regarding asset allocation after the market changes in February?