Ok so if you’re not caught up with our approach to the market right now, I encourage you to read both “We’re Buying Bonds” and “Selling Emerging Markets” from this weekend.
Today I want to talk about the non-randomness of markets. I think the Russell2000 Small-cap Index is a great example to walk through. For one, it helps you understand the way we look at markets, but selfishly it’s also great because it reiterates a lot of principles that I want to continue to focus on moving forward. Writing helps. Everyone wins. [Read more…]