The equity markets have been more turbulent of late. As I type, most markets outside the U.S. are around 20% off their highs and the U.S. markets are in a ~10% drawdown. Today, the NASDAQ is off more than 3%, apparently based on earnings reports from Amazon and Alphabet which were not well received. I am dropping a quick note during this market turbulence to update on a “tactical” move I made in one of my accounts. I went to cash… Continue reading “Gone to Cash…”
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"The less prudence with which others conduct their affairs, the greater the prudence with which we should conduct our own." – Warren Buffett