Covid-19 is a very serious virus. It is not to be taken lightly. We have followed it very closely since there was first news coming out of China as the reports already back then were highly concerning. This led us to take profits in our portfolios at a time when markets were near all time highs. There will be a time to get back in again but, given the economic impact is still unknown, we believe there will be no real rush to do so. The last few weeks in particular have been e