$TACTICAL - Using tactical portfolios as a behavioral tool to help clients stay invested during market volatility, allowing them to leave the rest of their money alone.
$VANGUARD - Vanguard's low-fee approach has significantly benefited investors and forced competition in the industry, leading to overall fee pressure.
$HFT - High-frequency trading has improved market liquidity and reduced trading costs for institutional investors.
Bearish:
$TARIFFS - Tariffs negatively impact free trade and economic growth, contradicting the benefits of global free trade observed post-World War II.
$HEDGEFUNDS - The hedge fund industry has become less favorable compared to the past, with decreased concentration of talent and changes in information availability.