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LBTYK - Some Ideas For A Recession-Proof Portfolio
Liberty Global plc
There is always a recession coming
During the Q4/18 sell-off, quite a few "guru" investors (e.g. David Tepper) evidently anticipated a longer and deeper downturn and therefore sold more stocks than just some redemptions might have required. In January, these fund managers were certainly caught by surprise when the markets rallied quickly close to their recent highs.