Learn how to take losses quickly and cleanly. Don’t expect to be right all the time. If you have made a mistake, cut your losses as quickly as possible.
April 25, 2012
Today we share with you an excerpt from our Q1 letter to investors, recapping the first quarter and providing some insight to our current market thinking for Q2 and beyond.
The equity markets continued their winning ways in the 1st quarter as all major indices pushed higher during the period. In fact, this was the...