The Fickle Finger of Fate, or How to Go from Top to Bottom in the Blink of an Eye

One would like to say that it is all about the markets. One year dry is up; the next it is tankers. And, in fact, that is frequently the case. In 2007 the dry sector dominated as it did again in 2009. In 2008, the results were a mix, but with a heavy preponderance of tanker companies at the top of the performance list. But is performance simply a function of your market focus?

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