Guest 50centdollars Posted June 10, 2017 Share Posted June 10, 2017 See attached.Q12017NL.pdf Link to comment Share on other sites More sharing options...
investmd Posted June 12, 2017 Share Posted June 12, 2017 6% return over 17 years. Similar over past 5 years. Why does he not report 10 year result? It's clear that he doesn't see value in current environment. Has been bearish for a long time. What is not clear is what his strategy is to navigate through current environment of high valuations. The only thing he mentions is that he is hoping for a correction in banking stocks to buy more and counting on higher oil price a year from now (Really?? This macro bet was a surprise for me to read from a deep value type investor!). He's a brilliant investor, with strong ethics and aligned interests. But as with so many, the strategy doesn't work when charging to invest $'s for others. Perplexing! and frustrating. Link to comment Share on other sites More sharing options...
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