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Annual Report


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Thanks for the nice comments all. 


If anyone made it through the market section, I'd appreciate any feedback you have on the content (particularly if I'm off base somewhere).  I know most of it probably isn't terribly insightful, but I thought I would put down my thoughts on various subjects I'd paid attention to or read about in 2011.


Re my largest position--I've had it since the beginning and it hasn't paid off yet, so I may be drinking my own cool-aid, but we'll see.  Maybe I'll post a write up of it.

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