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  1. Capital & Crisis January 2003: Change Is in the Air — Finally January 1, 2003

    Dear Investor,      That fateful symmetry. Last year about this time, we were watching shares of AMR, preparing to cut them from our 10-for-10 Portfolio. This year, others — thankfully not us — are watching United Airlines skydive. Don’t invest in things that fly during a bear market, is the lesson I take from that. Last year, [...]

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