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long-term-stock-investorsDecades ago, we received our financial information more slowly. Of course, this snail-mail delivery system didn’t make the information any less important. But somewhere along the information superhighway, investors as a whole have confused “real-time” with “real important.”

For example, the average holding period for any given stock is less than 2 years. This is down from 20 years back in 1949. Quicker delivery of news, lower trading costs, and a roaring bull market escalated this short term-ism in the 1990s.

We just published our Q2 edition of Portfolio Matters.

In this edition of Portfolio Matters we offer some commentary and analysis on where investors should be getting defensive, and where the recent market activity could present opportunities.   We think you will find our publication timely and insightful.

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