Why this stock market bull run isn’t over yet.
The market isn’t as overvalued as metrics suggest.
Our new core holding is a leading online Chinese travel service.
We think we win regardless of how the Dell ownership struggle plays out.
Baidu.com is the Google of China.
Apple is a supreme innovator and Markel is a well-run niche financial services player.
We added Yahoo, one of the world’s largest Internet companies.
We diversified into three new sectors: consumer staples, consumer discretionary, and telecommunications services.
Our favorite investments are undervalued wide economic moat businesses that typically sell products or services that have fairly predictable demand in both good and bad times.
If you wait for the robins, spring will be over.