Richard Weiss, City National Bank’s Chief Investment Officer, asked the panel their opinion on whether a “paradigm shift” had occurred for stocks. He cited some managers as saying this behavior was a “Six Sigma” event due to its rarity. John Workman, Convergent’s Chief Investment Strategist, stated that he did not believe that this was not a new paradigm, concluding that basic investing principles still hold, while models evolve and improve.