Mar 31Liked by Doug Clinton

Excellent and balanced presentation of the advantages of intelligent investing! Grateful for your sharing your progressive and analytical views with the rest of us. Would like you to entertain the subject of how you would "guide" your committee to treat the concepts of cash/hedging in a potential down market. I know the quant and hedge fund guys had to struggle with this issue before getting a "handle" on their strategies. Anyway, great and succinct info.

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Thanks John. I'll work on something to explain hedging to the extent I've experimented with it soon.

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