This episode features Liz Ann Sonders, Chief Investment Strategist at Charles Schwab. In 1999, Liz Ann joined U.S. Trust—which was acquired by Schwab in 2000—as a Managing Director and member of its Investment Policy Committee. Before U.S. Trust, Liz Ann was a Managing Director and Senior Portfolio Manager at Avatar Associates (1986-1999), an original division of the Zweig/Avatar Group. She was recently named to the inaugural Barron's "100 Most Influential Women in U.S. Finance." She is joined by local guest host Steve Curley, Chief Investment Officer of WaterOak Advisors and President of the CFA Society of Orlando.
In this episode, Liz Ann discusses her career path from Zweig/Avatar Group to Charles Schwab, gender diversity within the industry, how she decides what content to read, how she utilizes Twitter day-to-day, why she thinks the recovery will take the shape of a "Y," and why she thinks diversification is as important as ever right now.
0:38 - Colby Donovan and Steve Curley introduce the podcast
1:26 – Introduce Liz Ann Sonders
1:52 – Her career path
3:16 – Thoughts on gender diversity within finance
7:45 – How she scales herself around the Charles Schwab platform
13:45 – How she utilizes Twitter
16:13 – Her typical week and how that may change after social distancing measures are reduced
18:45 – Her thoughts on a possible "Y" shaped recovery
21:02 – Mistakes she could see investors making as the market rebounds
25:00 – What parts of the market she likes long-term
28:35 – Diversification benefits
30:34 – Why she thinks healthcare will drive the U.S.
31:40 – Follow her on Twitter @LizAnnSonders and read her research here
33:10 – End of episode questions