Notes from Larry Siegal And Paul Kaplan's presentation at the 2020 Morningstar Investment Conference.
Q2 2020 hedge fund letters, conferences and more
Larry Siegal and Paul Kaplan: Market Crash
- What makes corona difference
Paul Kaplan
- Cause is different
- Shutdown by government led to downturn
Larry Siegal
- No government shutdown their government particularly in global unison
- Recovery after is big puzzle
- If it bleeds it leads, how much does reporting affect market
- Reporting on news affects the market
- You don’t hear slow beat of progress in between crisis
- Bias for bad news is reflected in market
- Stock market is only store where there is a sale and no one buys
- Keep your head steady and stick with your approach
- Apocalyptic thinking
- Bad news get the...

