Getting Ready to Swing at a Fat Pitch

And cutting a loser

When I break down the majority of my returns over the last few years, it has been identifying a set-up and then getting ready to swing if the opportunity presents itself. Paladin, Peabody and Diamond Offshore are all examples.

I’m hopeful we have another such fat pitch setting up right now. I will also run through my portfolio with a few small positions I’ve added and one I’ve decided to cut.