Reply To: The evolution of Sovereign Man Confidential
I’d say that’s a fair statement. Far as I can tell, I’ve not yet seen the investors realize returns yet on their investments in the private investments. With Tim Staermose’s investments, they’re much shorter term and appear to have earned some gains. The problem I have with things like his that I don’t have (or perhaps make) the time to constantly follow, meaning that I perhaps don’t buy when I should buy or get out when I should get out. If I took the time to stay up to date with his newsletter, it looks like I might do alright. Also, his theory seems to often be a sort of value arbitrage, which is something I can comprehend. He tries to find stocks in companies that have more cash in the bank than what their stock is selling for.