2009 Q4 - Investment Letter (Forecasting)

2009 Q4 - Investment Letter (Forecasting)

Yet another historical year!  Alan Abelson summed up 2009 nicely: “An economy on crutches accompanied by a stock market on steroids.” (Barron’s, December 28th issue).  We are glad to report that for the year 2009 our investment strategies appreciated 34.3 to 49.8 percent, compared to the S&P 500’s 26.5 percent.  We are even more pleased …