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East Coast Asset Management's Q4 Letter: Embracing Uncertainty

By MarketFolly on Fri, 2012-01-27 08:01
(via www.marketfolly.com)

Christopher Begg is out with East Coast Asset Management's Q4 2011 letter to investors. In it, he discusses the concept of embracing certain uncertainties. He writes,

"We observe a general misclassification between uncertainty and risk. Looking forward, we also anticipate the general perception...

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