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.
Aegis Value Fund targets deeply discounted, asset-rich small-cap equities, particularly in energy and precious metals, while actively avoiding overvalued mega-cap tech stocks. The manager is defensively positioned with low-debt holdings, anticipating that high interest rates will trigger credit defaults in real estate and private equity, ultimately driving a market regression to the mean.
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Aegis Value Fund targets deeply discounted, asset-rich small-cap equities, particularly in energy and precious metals, while actively avoiding overvalued mega-cap tech stocks. The manager is defensively positioned with low-debt holdings, anticipating that high interest rates will trigger credit defaults in real estate and private equity, ultimately driving a market regression to the mean.
