INTRODUCTION
“Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.” – George Soros
Everywhere we turn there are postulations and predictions of how we are heading into a recession and how the market is poised for a crash. While there are a number of unsettling developments in the areas of politics, the economy and demographics, it is important to remember that the market is forward looking and discounts what is expected. [Read more…] about Q3 2019 Investment Letter