Market cracks while incompetent amateurs play games with China

Posted on May 13, 2019 by in Letters

http://schrts.co/tQQfxBSS

When the elephants dance it's the ants who suffer.  Investors and traders headed for cover as Trump and the Chinese danced their kabuki dance.  We did too, completely flattening our positions.  But...but...what about our positions?  We can always buy them back, higher or lower but paper losses don't appeal to us.

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