OCTOBER 10, 2008 SPECIAL CLIENT UPDATE

Posted by on Oct 11, 2008 in Quarterly Letters |

October 10, 2008 Dear Investor: The climate is terrifying, markets have been routed, and any words we have must come as hollow comfort, given the losses of the past week. Fear is really the only market element right now and investors are toppling over each other to get out, willing to accept very poor prices for their stocks. Excellent, cash-rich blue chips like Microsoft and Johnson & Johnson are selling at unprecedented low prices—prices...

Read More

2008 3d QUARTER LETTER

Posted by on Oct 6, 2008 in Quarterly Letters |

Now What? October 6, 2008 Dear Investor: The Bailout Bill was signed into law, but will be no panacea. The economy took a big hit, especially in the two weeks government bickered. Unemployment is likely to go to 9%. Credit is still stuck. As we mentioned in our last letter, the question becomes binary at this point: is this the Great Depression or a severe recession? There are really no times in history (except the Great Depression) where-at...

Read More
The content provided on this website is intended solely for the purpose of offering general information on investment advisory services. This website is not intended to influence trades or provide personalized investment advice. We are not responsible for the accuracy of any third-party information on this website. We may conduct business only in states in which all regulatory requirements have been met. Therefore no follow-up will be made with a prospective client until the regulatory consequences of soliciting new business within that state are met. Please note that past performance does not guarantee future results and that global investment incurs risks that may result in loss of principal.
All rights reserved. Copyright 1996-Present JBGlobal.com LLC.