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.
A challenging flat year for the fund leads the managers to candidly analyze past selling mistakes (such as Micron and gold miners) while remaining cautiously disciplined, holding 15.7% cash, and patiently waiting for value holdings to turn around.
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A challenging flat year for the fund leads the managers to candidly analyze past selling mistakes (such as Micron and gold miners) while remaining cautiously disciplined, holding 15.7% cash, and patiently waiting for value holdings to turn around.
