Investment Committee Overview & 2019 Highlights

Marc Scudillo:That's great. And we have the privilege of actually incorporating not only internal specialists, but we also utilize external third party data and institutional expertise on the overall markets along the way here. And so let's get into some of the summary of what we just learned yesterday, which was kind of timely given what had occurred in the markets with the Coronavirus impact. And we'll touch deeper in that analysis. But give us a little background as to what transpired in 2019. Steve Wang: 2019 was a very exciting year. At the beginning of the year, most of the investment banks, the economies, they forecast only a single digit stock market return. But it turns out the market has performed over 30% rate of return. So that's kind of a surprise, and that is a background that we want to discuss further, why we have the different strategies and portfolio for our clients to achieve their goals. Not only grabbing the stock market's return, but also reduce the risk along the way.