Going Forward: The Beginning of the End
What a difference a quarter makes. The market is like a puzzle where the pieces are ever‐changing—once you have a complete investment portfolio together… it is almost certain that the market and world economy trigger a need for change. At Lido, we are constantly considering adjustments and changes to the pieces in the puzzle; looking around the world and doing our best detective work to find investments that hopefully maximize return for each unit of risk. In this newsletter, we aim to address several topics about the market performance as of March 31, 2015 and a glimpse into the market environment ahead.