INTRODUCTION
“Far more money has been lost by investors … trying to anticipate corrections than has been lost in corrections themselves.” -Peter Lynch
As we turn the page on 2021, I cannot help but reflect on the events of the past year. In doing so, I am always reminded of how these events, in the moment, seem monumental, but ultimately fade away as we turn our attention to the next issue du jour. While the financial media experienced numerous panics throughout the year, the S&P 500 suffered no more than a 5% decline over the course of 2021, highlighting the importance of having a long-term view and looking through the short-term noise. [Read more…] about Q4 2021 Investment Letter