Vltava Fund 2Q19 Letter To InvestorsVW Staff
Vltava Fund letter to investors for the second quarter ended JUne 30, 2019, titled, "Recessions."
“Economic growth has been going on rather too long already. Wouldn’t it be better to sell all the stocks now, just before the coming recession, wait until it passes, and then buy them back a good bit cheaper?”
Although this idea seems both logical and current, it . . .
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