The Return of "Active" Management?

In this episode of InvestTalk, recorded on January 2nd, 2026, Justin Klein reviews the past year's market performance, emphasizing the importance of adapting investment strategies to changing conditions. He advises listeners to rebalance their portfolios and avoid emotional investment decisions, focusing on real data. Justin answers a listener's question about Celsius (CELH), offering a valuation-based perspective, and addresses a YouTube comment about retirement account strategies, including Rule 72T. The episode further explores the active versus passive investing debate, suggesting that active management may become more relevant in 2026. Additional topics include the impact of AI on software stocks, struggles in the condo market, and changes in capital rules around treasuries. Justin also answers live calls about silver mining companies and closed-end mutual funds, providing specific stock analysis and investment advice.