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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There is only one side of the market and it is not the bull side or the bear side, but the right side.

– Jesse Livermore