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What an inopportune time to be away! What more inelegant time has there been for investors than the last 16 months? In our absence, many icons of the American economy have been transformed from gleaming towers of prosperity to piles of twisted, rusting rubble. Yet amongst the ashes, there are diamonds aplenty. Now is the time to rescue babies from the discarded bathwater.
Perhaps we’ll even find the time to write about some of the babies we find- or the salacious details of the bathwater.