Ha ha ha…yes! I beat the market.

January 1, 2019

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In fairness, the comparison with the S & P 500 is not perfect, as I spent part of the year slightly leveraged (the up part), and part of the year partially in cash (the down part) because some of my holdings met my price target and had to be ruthlessly sold, but there it is. I find that taking a long-term and fundamental approach, which often requires concentrated positions, increases your odds of beating the market far more effectively than actually trying to beat the market.

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