In this 2024 annual letter, Matthew McLennan and team reflects on a year marked by concentrated equity market performance, macroeconomic challenges, and geopolitical shifts. They emphasizes the importance of diversification, value-oriented investing, and hedging against uncertainty in an evolving global landscape.
In his recent letter to shareholders, Christopher Davis highlights that the era of near-zero interest rates ended in March 2022 when the Federal Reserve started raising rates. This shift marks a return to a more normal economic environment, though it may bring volatility and disruptions.
In his Pershing Square 2024 Interim Report, Bill Ackman discusses the current stock market environment, noting that a significant portion of market capitalization is now held by permanent owners such as index funds.
In keeping with tradition, Warren Buffett has written an interesting letter to his fellow investors in connection with Berkshire’s annual report.
Howard Marks provides an update on his thoughts on a “Sea Change” in the economy and markets.
Kurt Kara and the team from Maj Invest give an update on the market and unveil a new company in the portfolio.
Kurt Kara and the team provide an update on the macroeconomic situation in the US and unveil a new position for the portfolio.
Thomas Shrager and Tweedy give an update on the stock market, their portfolios and share their reflections on selected positions.
Davis Funds has just released their Q3 2023 letter to shareholders, identifying the most interesting sectors.
Thomas Shrager and Tweedy give an update on the stock market, their portfolios and share their reflections on selected positions.
