Rupal Bhansali: FAANG Stocks Are 'Extremely Risky'

<p>Our guest on the podcast this week is Rupal Bhansali, Ariel's chief investment officer of international and global equities. She manages Ariel International and Ariel Global and also oversees Ariel's global-equity research team. Bhansali has nearly three decades' worth of experience. Prior to joining Ariel, she managed international-equity portfolios and served in leadership positions at MacKay Shields and Oppenheimer Capital. She also has experience in the hedge fund world, including a stint at Soros Fund Management. </p> <p><strong>Background Information</strong></p> <ul> <li><a href="https://www.arielinvestments.com/bhansali/" target="_blank">Rupal Bhansali bio</a> </li> <li><a href="https://www.morningstar.com/funds/xnas/aintx/analysis">Morningstar Analyst Report for Ariel International</a></li> <li><a href="https://www.morningstar.com/funds/xnas/aglox/analysis">Morningstar Analyst Report for Ariel Global</a></li> <li>"<a href="https://www.morningstar.com/articles/890244/10-questions-with-rupal-bhansali">10 Questions With Rupal Bhansali"</a></li> <li><a href="https://www.arielinvestments.com/investment-perspectives-rupal-philosophy/" target="_blank">Investment philosophy</a></li> <li><a href="https://www.arielinvestments.com/content/view/2584/2125/" target="_blank">Approach to global markets</a></li> <li><a href="https://www.arielinvestments.com/content/view/2591/2125/" target="_blank">Approach to risk management</a> </li> <li><em><a href="https://nonconsensusinvesting.com/index.php/about/" target="_blank">Non-Consensus Investing: Being Right When Everyone Else Is Wrong</a> </em></li> </ul> <p><strong>Other Topics Referenced in This Episode</strong></p> <ul> <li>"<a href="https://www.theguardian.com/business/2008/dec/28/markets-credit-crunch-banking-2008" target="_blank">Banking Collapse of 2008: Three Weeks That Changed the World</a>"</li> <li><a href="https://en.wikipedia.org/wiki/Quantitative_easing" target="_blank">Quantitative easing definition</a></li> <li>