I tell you Alpha the market really is and exercise of dumbing down lately.
It seems to me with liquidity so high and interest rates so low it was a case of any excuse.
What we are seeing is the effects of mass participation at it's igorant best, times they are a changin'.
What to do?
Primary trends, strategy and discipline.
Also pays to be aware that the investment environment has fundamentally changed in last 5 years and will continue to do so.
Rob.
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I tell you Alpha the market really is and exercise of dumbing...
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Glen Diemar, MD
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