Doug Boneparth 1.1 3 ideas

The speaker advises looking away from US Large Caps and focusing on Midcaps, Small Caps, Developed International, and Emerging Markets. These "boring" sectors are becoming exciting because they offer better valuations and diversification compared to the crowded US tech trade. They are coming off a strong performance in 2025 and offer a way to stay invested without overexposure to US tech volatility. International markets had an "amazing 2025." Global macroeconomic instability or trade wars.

While the S&P 500 rarely offers dip-buying opportunities due to speed, the software sector is showing "meaningful discounts." If you believe in the long-term viability of these companies, the current negative sentiment provides a rare discount entry point that isn't available in the broader index. Comparison to the broader market which is near highs. Continued sector rotation away from tech.