Author:Anonymous   Date:February 10th, 2016   0 Comments

Oh how gory 2016 has been so far for investors. Though still a far cry from (minor chord) “The Great Recession”, the pain of late has been very real. Now, with even the storied likes of Deutsche Bank on the ropes anything bad can and will happen. Still, chances are you can find a news/opinion piece on any given day to support any given investment thesis now and forever more.

I started 2016 with my net investments down about -15% over highs of 2015, I quickly saw that loss evaporate to be briefly in the black during January, only to be hammered back down -20% as of today February 9th. As alluded to in an earlier post, much of this loss is attributable to significant exposure to solar stocks, which have come under pressure with the decline in oil. Many more value oriented holdings have done fine this year to date, with at least two notching gains thus far in 2016.

Someday I may be proven wrong, you only know when you know, but I am sitting long through all this turmoil and the more to come. I will be waiting and selecting opportunities to expand key positions in the coming months and beyond. Hard to take that initial leap against the herd, but I tend to trust the adage, be greedy when others are fearful.