Lawyer Todd Says Hi!
This presentation is for educational and informational purposes only. Nothing
contained here should be construed by anyone as an invitation or solicitation to
buy or sell any security. This presentation does not contain personalized legal,
tax, investment, or financial advice. Viewers should consult with a qualified
adviser to obtain advice suited to their personal circumstances.
The performance discussed here is highly unusual and cannot be sustained.
Because the portfolios contains a limited number of companies, their returns
will be more volatile than a portfolio investing in a higher number of stocks.
Tarpon Folio inception date 11/20/2008. Gecko Folio inception date 1/26/09.
Returns are through the dates as indicated in the presentation. Positive returns
are not guaranteed. Individual results will vary depending on market conditions
and investing may cause capital loss. The performance data is “net of all fees”
reflecting the deduction of advisory fees, brokerage commissions and any
other client paid expenses and includes the reinvestment of capital gains. The
publication of this performance data is in no way a solicitation or offer to sell
“You need to worry about where the
company and the stock will be in three to
five years. If you can buy something today
with little chance of permanent
impairment and a high likelihood that you'll
double your money over the next five
years, you should go ahead and do it.”
- Seth Klarman