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2022 Q4 Investment Letter (Keys to Long Term Investing)
The S&P 500 Index returned 7.56% and the S&P Global Broad Market Index returned 9.92% in the quarter ended December 31, 2022.1 As the last few years have demonstrated, the future is radically unpredictable. However, because we humans are prone to overconfidence, many continue to believe they can make specific and timely predictions about all …