We sold AIG, scaled out of FRE and FNM. Profits ranged from 5 to 30%. Our Ford profits are in the 300%+ range and our BAC profits are also exorbitant. We are still long platinum with about 25 or 30% paper profits. We’re glad to be out of gold and silver. But we’ll be back in. Stay tuned.
Pruning for the downwave…
- Post author:WHC Bassetti
- Post published:July 2, 2009
- Post category:Letters
- Post comments:0 Comments