00:00 Speaker a
So, if things might be somewhat inflected from here, how would you maximize your rewards?
00:08 Speaker b
See, we are looking at, um, adding locations, uh or or adding risks in areas and subprofiles that make sense to us. We like the United States for 10 years and 442 years, which is the current level of transactions. In fact, it is now higher than the equity risk premium in the market. So if you basically get a salary that owns a S&P 500 S&P 500 and owns a 10-year U.S. bond, then we think it makes sense to add duration right now. Well, we also like departments that pay you income and are not affected by tariffs (like MLP). That’s one. So if you have some extra cash, there is definitely a chance to add risk to your portfolio.
00:58 Speaker a
I’m curious if you’re talking about, well, you know, to some extent, you’re going to play the dividend to some extent, and to some extent, your feeling about some very popular deals radiates to some extent. I’m talking about utilities, which is also played by AI, right? Is that the area you are looking for?
01:22 Speaker b
Yes, we still think this is a very attractive department in the long run. Well, we think utilities, not only will they play their traditional role in the portfolio, but we think it’s actually a growth sector, precisely because of what you’re talking about in AI games. So we love utilities. In fact, we will look at it, otherwise we will look for this pause in order to increase the chance of risk there.
