Bye, Bye Permabear Camp - It’s Been Great!

Now before my fellow bear followers scream “traitor” and question how can my cup go from half empty to half full, please note I’m not applying for membership in the “Don’t Worry, Be Happy” crowd. I tend to be early for everything (appointments, airplanes, buying NY Jets Superbowl tickets, etc.). I just believe that based how well we’ve done overall these last 18 months, and all the possible scenarios I envision going forward at this point, the time has come to implement a program that appears to be prudent and offers potential gains from the long side. Even if my worst case scenario unfolds, the net effect should still be that being a permabear greatly lessened the hit one would’ve had otherwise.

Agoracom: Small Cap Investment (Peter Grandich)