Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
Mawer's value-oriented, risk-conscious portfolios underperformed benchmarks during a highly concentrated, AI-focused rally. The firm is adopting a more neutral balanced posture while remaining committed to stable, cash-generating 'boring' compounders.
Full Quick Take
Mawer's value-oriented, risk-conscious portfolios underperformed benchmarks during a highly concentrated, AI-focused rally. The firm is adopting a more neutral balanced posture while remaining committed to stable, cash-generating 'boring' compounders.
Robotti & Company is steering clear of the concentrated AI tech bubble, comparing it to the dot-com era, and is instead focusing on cash-generative 'physical world' assets and high-conviction value plays like West Fraser Timber.
Full Quick Take
Robotti & Company is steering clear of the concentrated AI tech bubble, comparing it to the dot-com era, and is instead focusing on cash-generative 'physical world' assets and high-conviction value plays like West Fraser Timber.
