My notes include some further random thoughts.  Stuart Watson's profile this week is of Blackrock Throgmorton, which you could argue has been the most successful of the many excellent small and midcap trusts in the last few years, but is now feeling the pressure of a falling asset values and what is by recent standards a rare discount. We also have another discount opportunity note. 

Bear market blues  The worst thing about bear markets is that they can appear so relentless. Yes, there are always rallies, which induce hope that the worst may be over. Yet once they become established, they do ...