Jim Russo on the Stockdale Paradox, Economic Challenges, and the Path to Recovery | James M. Russo , Founder , Altrius Capital Management Inc. 00:10:00
Jim Russo, Founder of Altrius Capital Management, reflects on the Stockdale paradox, emphasizing the importance of balancing hope for the future with a clear-eyed view of current challenges. He critiques the reliability of economic models, highlighting their inaccuracy in guiding future decisions. Russo also discusses the anticipated downturn in economic and corporate earnings and shares Altrius' strategy to maintain income for clients despite declining portfolio values.