The S&P fell 0.87% in October, while our fund gained 2.6%—thanks to keeping 80% of the portfolio in cash and short-term bonds. Don’t rush to copy us. This wasn’t a masterful market-timing move; we just got it right by admitting we were cautious. A lighter position is what lets you weather the storm. Save this call and come back next month to check. If you’re watching, follow along.
&P 500
&P 500
