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.
Pernas Portfolio delivered an exceptional 45.6% return in 2024, significantly outperforming the S&P 500, driven by a powerful second-half rebound in core positions. Despite a challenging first half and valuable lessons learned from short-term speculative missteps, the manager remains highly optimistic about selective small-cap names and broader economic resilience heading into 2025.
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Pernas Portfolio delivered an exceptional 45.6% return in 2024, significantly outperforming the S&P 500, driven by a powerful second-half rebound in core positions. Despite a challenging first half and valuable lessons learned from short-term speculative missteps, the manager remains highly optimistic about selective small-cap names and broader economic resilience heading into 2025.
