#48: Jim Stack On Charting A Course Through Stock Market Rapids
Superinvestors and the Art of Worldly Wisdom
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The Bullish Selling Vacuum
By the time you see a headline, the economy is going into recession. The majority of losses are going to have already been encountered in the bear market. In this kind of a market, I don't feel comfortable above an 80, 82% invested position. We're not playing in any of the highest risk stocks. On the money management side, on the SFM side, we hold Microsoft.
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