The worst performing stock market of 2011 is hardly a surprise; Greece. The second worst performing stock market was Egypt, another one not surprising (Disclosure: I am short EGPT, I might do a write up on this).
Other bad performers include BRIC countries and Italy, not surprising. The best performer is quite a surprise…. Hugo Chavez’s Venezuela.
See chart below:
Coho Capital 2Q20 Commentary: Podcasts, The New Talk Radio
Coho Capital commentary for the second quarter ended June 30, 2020. Q2 2020 hedge fund letters, conferences and more Dear Partners, Coho Capital returned 46.6% during the first half of the year compared to a loss of 3.1% in the S&P 500. Many of our holdings, such as Netflix, Amazon, and Spotify, were perceived beneficiaries Read More