Investor DNA 01/16/2020 — GMO 7-Year Asset Class Forecast
TGIF. I really mean it…
Sober/Dry. Americans’ wine consumption dropped in 2019 for the first time in 25 years; Beer consumption fell 2.3% last year; cider dropped 3.8%. It is, after all, Dry January. Dont understand it. but it is a trend.
Conferencing. Next week attending the Koried conference. Anyone attending?
On your Marks — Howard Marks is back w a new memo. Read it in my library. If you havent registered, you may have to….