Monday, February 5, 2018

It was just a matter of time

      This is what makes investing so difficult.  On this blog, I have been wringing my hands for more than a year over what seemed like excessive stock prices.  As a result, my hedge fund missed most of the run-up in the past year.  But there is an upside.  By the end of January, our exposure to the market was minimal.  What goes round comes round.

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