Interview | MONDAY, DECEMBER 3, 2007 Back in the Bull Ring Don Hayes, chief investment officer, Hays Advisory Group
“Hays: We developed a matrix in 1987 based on investor psychology, monetary conditions and stock valuations that we use exclusively in determining allocations. This is what determines how much cash we have. We don’t argue with it. Right now, for long-term growth it points to 100% equities, zero cash and zero bonds.”
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Interview | MONDAY, DECEMBER 3, 2007
Back in the Bull Ring
Don Hayes, chief investment officer, Hays Advisory Group
“Hays: We developed a matrix in 1987 based on investor psychology, monetary conditions and stock valuations that we use exclusively in determining allocations. This is what determines how much cash we have. We don’t argue with it. Right now, for long-term growth it points to 100% equities, zero cash and zero bonds.”
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