EdgePoint 2nd Quarter Commentary
July 10 2020 – Tye Bousada, portfolio manager
Things have improved considerably since we wrote Part 1 three months ago. At this time, the worst-case scenario for the virus and the global economy seems to have been avoided and your Portfolio recovered a significant portion of the losses experienced in the first quarter. However, the investment climate remains highly volatile.
In an effort to best communicate our thoughts about the current investment landscape, we divided this commentary into four sections:
- From Point A to Point B is never easy
- The importance of uncertainty in building long-term wealth
- The willingness to look wrong in the short term so you can be right in the long term
- Activity in your Portfolios
Read the rest of this article here >> We understand the gravity of our responsibility to you (part 2)
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