OTCPK:KRCLF - Post by User
Comment by
Highwired7on Apr 29, 2021 1:24pm
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Post# 33094311
RE:RE:how deep is this water?
RE:RE:how deep is this water?Yup, this guy finally offed himself yesterday after years of being beaten down for his DD and doing the right thing for himself and investors.
Value Investing Icon Jumps Off Manhattan Skyrscraper To His Death Days After
Liquidating Fund
As Barrons adds, "de Vaulx, 59, had built a long career as a risk-aware global investor who never deviated from his deep-value approach, even when it meant keeping as much as 40% of his funds in cash because he couldn’t find attractive investments during a 13-year stretch in which the markets favored faster-growing companies. De Vaulx’s conviction set him apart in the industry, even among other battle-tested contrarians." For de Vaulx and thousands of other dedicated value investors, the last decade or so, where the Federal Reserve has perverted the price discovery process by flooding the financial system with liquidity, has been led to an extended drought for their businesses. https://www.zerohedge.com/markets/value-investing-icon-jumps-manhattan-skyrscraper-his-death-days-after-liquidating-fund