February 2012

Dave Canal
February 02, 2012

Today we share with you some commentary from our Q4 letter to investors as we recap 2011 and look forward to 2012.

The year 2011 was a challenging one for your equity investors as most market indices underperformed their historical averages.  Fortunately, U.S. stocks ended the quarter on a positive note as most major indices posted...

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It isn’t as important to buy as cheap as possible as it is to buy at the right time.

– Jesse Livermore