Thursday, August 11, 2011

Sold out of Barry Callebut

The dollar price of this stock has skyrocketed because of the increase in the Swiss Franc. I still love this company. Also the great weather in the African cocoa region means that their factories will be humming all year. Nonetheless, I don't like global macro plays. I don't believe I have any edge in this sort of thing. So I got out yesterday. It was a great trade.

What's that old saying about lucky vs. smart?

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