The Marathon
In my opinion, it has always sounded trite to refer to investing as a marathon, and not a sprint. Yet this year, so far, the analogy is appropriate. Investors got off to a good start in January, wheezed quite a bit in the late spring/early summer, regained their “legs” in the fall, and are now headed to the finish line. Contrast that with the investment sprinter, the hedge fund.
Please click here to view the December 2006 newsletter.This material was created while Al Boris was at a previous broker/dealer and has been rebranded to reflect his current firm, Alex. Brown, a Division of Raymond James. It is provided for historical purposes only. Investors should not act on the historical comments which do not reflect current market conditions.
