Trying to outguess the market with asset allocation has not rewarded investors over time, says Mary Phillips. She discusses why should investors be cautiously optimistic going into 2023. She highlights the DFA Dimensional US Marketwide Value ETF (DFUV) with top holdings that include JPMorgan Chase (JPM), Exxon Mobil (XOM), and Elevance Health (ELV). She also talks about how investors should be thinking about value opportunities. She notes that greater diversification mitigates dispersion of returns, and investors should be cautiously optimistic about 2023, expected returns could rise after asset downturns. Tune in to find out more about the stock market today.