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  • Writer's pictureAndrew Burns

2023 Mid-Year Review: Almost Never

After rate-hike upheaval in 2022, the beginning of 2023 has felt like the first semi-normal year in markets since the COVID crash of 2020. In this letter, I:

1. Am reminded why I don't short stocks

2. Discuss Pulak Prasad's exceptional new book "What I Learned About Investing From Darwin"

3. Delve into the third tenant of Prasad's investment strategy, which surprisingly implores investors not to be lazy, but to be very lazy

As always, I look forward to hearing your thoughts, comments, and criticisms.

Please feel free to share this letter or reach out to me for further discussion!

Click below to read the full letter.

2023 Mid-Year Update - Almost Never - FINAL
Download PDF • 382KB


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