Our accounts have been performing very well this year largely due to two of our major holdings, Amazon and Oclaro. While these began as quite modest positions, they have grown sufficiently that they are both quite large in our standard portfolio. Consequently, as a caution, there may be some volatility in your account valuation month to month at least until we find an appropriate time to lighten the weight of each in our accounts. That time does not seem to be just yet.
The Presidential election seems to have everyone’s attention, especially at this time of an election year. In my experience and in my view, elections rarely if ever Continue reading