I am always amazed by the productivity of some of our guests. Independent investment consultant and Morgan Stanley Global Wealth Management’s former long-time Chief Investment Strategist, David Darst is a prime example. Darst, who travels all over the world advising clients has just written his 12th book, but this one is different from his other works. It’s a children’s book, co-authored with his very accomplished daughter, Elizabeth. I asked Darst how he finds the time to be such a prolific author.
With the stock market trading near record highs should investors adjust their portfolios? David Darst and Jay Kaplan say yes! Darst is an independent investment consultant and Senior Advisor and member of the Global Investment Committee at Morgan Stanley. He is also the author of 11 books, including two on mastering the art of asset allocation. Kaplan is portfolio manager of several funds run by small cap pioneer, The Royce Funds, which is known for its value orientation and high quality company focus. We’ll get their personal perspectives on market valuations. Continue Reading »
David Darst, now Senior Advisor at Morgan Stanley and Independent Financial Consultant has never confined himself to one intellectual or professional pursuit. A true renaissance man, annual attendee of Burning Man, triathlon competitor and prolific author, his recent book Voyager 3: Fifty Four Phases of Feeling, named after two Voyager space probes shares a series of personal experiences through poetry, prose and photography. I asked Darst to describe his next frontier.
In recent years, having a home bias has paid off for investors- American stock markets have outperformed other developed markets and trounced the losses in many emerging markets- but will it continue to do so? Two global investment pros, David Darst of Morgan Stanley and Peter Langerman of the Mutual Global Discovery Fund, will discuss where you can find the highest quality businesses at bargain basement prices. Continue Reading »