Thinking About the Short Run Mackero

I got a note from bruce carsh and he talked about the difficulty of making investment decisions to day as usual. It made me think back to our london conference for clients, which we held on june 20. I believe it's important to have an approach of philosophy and stick to it. No approach or philosophy will be right all the time. Every approach philosophy will go through really tough periods. But that doesn't mean that you can improve upon the results by getting on and getting off and switching approaches mid stream. If you run from bus top to bustop, you may never catch a bus. The most important thing of the last hundred years was, as i said in the