My Annual Write Up for the Kentucky Derby
In what began as a bit of a joke, I started writing an analysis leading into the Kentucky Derby 20 years ago. Before long, I had people reaching out to me each year asking for the updated version and the write-up began to take on a life of its own. I enjoy writing the paper each year because it’s a reminder that learning how to handicap horse races has been foundational in terms of the way I think about evaluating the economy and asset prices. So, without further ado, below is an excerpt from this year’s write-up and a full copy of the paper is available by clicking here .
This content on this site is provided to you by Weiss Multi-Strategy Advisers LLC ("Weiss") and has been prepared solely for informational purposes. The foregoing information contains forward-looking statements, which present the writer/speaker's beliefs regarding future financial performance, and assumptions or judgments concerning such performance. Any such statements involve estimates, assumptions, judgments and uncertainties, and you should not rely on such statements to reach conclusions or make any investment decisions. You will not necessarily be informed if the writer/speaker's expectations or beliefs change after the date hereof. Weiss has no control over information at any site hyperlinked to in communications posted to this site. Weiss makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and is providing this hyperlink to you only as a convenience. The inclusion of any hyperlink does not imply any endorsement, investigation, verification or monitoring by Weiss of any information in any hyperlinked site. In no event shall Weiss be responsible for your use of a hyperlinked site. Nothing contained herein constitutes investment, legal, tax or other advice nor is it to be relied on in making an investment or other decision. Additionally, this is not intended to be an offer or solicitation of any security. Any offer or solicitation may only be made by delivery of the offering materials of a respective fund.
