Whitman is a great investor who has stood the test of time. This is a key year for him thought. After last years results and several large bets on securities other said were worthless, Whitman will be either viewed as a “genius” or “washed up” after this year. Fair? No…but it is the world we live in…
This is one of Whitman’s best letters in some time. He tackles lessons from 2007-08, the outlook for best places to invest in 2009, theory and then offers some common sense suggestions for government action.
Please read this….