QOTD: 16 times

from Dan Loeb’s just released Third Point letter… While it is important to stay abreast of political events and shifts in economic policy, data, and forecasts, our performance is driven primarily by bottom‐up, fundamental investing and only occasionally by our ability to read a macro crystal ball. Still, we spend time studying global market dynamics because, every few years, doing so gives us a chance to dec...

source http://thereformedbroker.com/2018/07/23/qotd-16-times/