mauldineconomics.com / By John Mauldin / August 12, 2017
All over America, kids who were fortunate enough to go to summer camp are busy telling mom and dad what they did. Their stories will be suspiciously incomplete, but that’s OK. We know they learned something.
Well, I went to camp this summer, too. I go every year, and I always learn more than I can manage to remember. Camp Kotok is an invitation-only gathering of economists, market analysts, fund managers, and a few journalists. It takes place at the historic Leen’s Lodge in Grand Lake Stream, Maine. We fish, talk, eat, drink, and talk some more. It’s a three-day economic thought-fest (and more rich food and wine than is good for me or anyone else at the camp). For me, that’s about as good as life gets.
(Aat the end of the letter in the personal section I’ll describe a typical day at my summer camp. Not exactly arts and crafts and games. Unless poker counts as a game.)
Come along with me as I share some of my main takeaways from the camp and then, in a “lightning round,” touch on on a few various shorter topics.