Global issues are coming. The un-intended consequences of a Brexit.

We made 0.4% for our investors last week. Sidestepping the market volatility which literally wiped off trillions of dollars of wealth in world markets. We planned this by being hedged to the shock of what could come. A Bremain would have kept a sense of calm, a Brexit would have shocked world markets. I had no idea which way it would go. But our investment process ensured that the one with the most downside was protected by having exposures long and short in the worlds stock, bond, currency and commodity markets. Without any reference or precedent in my knowledge of what the world has seen this week, the result of the Brexit appears to be so decisive in the sense that everyone cares and everyone has no idea of how an implementation of a change will take shape. But did the UK want to leave Europe? I think the vote says that was too close to really call. Or was it the wrong question asked in the referendum in the first place? Was it simply the ability to... (VIEW LINK)