Newsletter June, 2021

It has been refreshing to see how companies have performed during the 4th quarter of the year. While it was the general feeling that covid was behind us, there came along a 2nd wave which caught most of us unaware. While equities have continued to perform as an asset class, the important thing remains to minimise downsides while maximising upside (in that order). Keeping this in mind the focus now is more on what lies ahead for companies which would, needless to say, go through one or more rounds of such disruption.