IceCap Capital Management – Money has no feelings

IceCap Capital Management latest letter to investors Our view on global investment markets: It’s Spectacular For many, the Super Bowl football game is a rather odd event. To begin with, Americans claim the winner of the big game to be the world champion – despite never defeating the best from Europe, Asia, or Africa. Next, most of the Super Bowl games are duds. Aside from the crowd pleasing 5 victories by the San Francisco 49ers, and the crowd pleasing 5 losses by the New England Patriots – most games are forgettable. Now, this lack of competitiveness, isn’t necessarily a bad…