Linehan thinks that knowing the people running the companies is extremely important. While looking at balance sheets and valuations is obviously key, quality of management is integral as well.
When asked why the market is going up while the world looks scary, Linehan thinks that climbing a wall of worry is always what the market does over time. He also points out that the market has gone up from a very low starting point.
When asked if there is a bond bubble Kinehan notes that markets can stay irrational longer the investors can stay solvent. Like many he thinks investors going into Government bonds are taking on a lot of risk today.
The video gets into his specific investment ideas: