November 2011

Dave Canal
November 23, 2011

Today we share an excerpt from our recent Q3 letter to investors to provide some insight on our current bullish market perspective despite a turbulent and uncertain economic environment.  

The pessimists seized control of the equity markets during the 3rd quarter assisted in large part by news of the ratings...

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So long as predictions remain popular, and are so numerous as they are today – and so long as they receive notoriety through repetition in the press and on the radio – contrary opinions will increase in importance as thinking aids. “

– Humphrey Neil