Credo Puts

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There is nothing less fashionable these days than being an equity bear. Wearing polyester slacks and a rayon shirt with an enormous collar would be more fashionable. And yet, I persist. Below I offer to you the ten equities against which I own puts. These are not WSB-style short-dated puts. On the contrary, they expire many months from now, and they are all in the money. Thus, in a weird way, this is a conservative portfolio. Here you are: