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.
Optimist Fund posted a strong 32.2% return for 2025 despite an 8.5% slide in Q4. The manager details significant portfolio adjustments, emphasizing a highly disciplined, five-year compounding approach that ignores macro cycles to capture idiosyncratic value.
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Optimist Fund posted a strong 32.2% return for 2025 despite an 8.5% slide in Q4. The manager details significant portfolio adjustments, emphasizing a highly disciplined, five-year compounding approach that ignores macro cycles to capture idiosyncratic value.
Optimist Fund delivered an outstanding 39.2% return in Q2 2025, driven by massive contributions from ThredUp and Carvana, while capitalizing on tariff-induced market volatility to expand key positions at attractive prices.
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Optimist Fund delivered an outstanding 39.2% return in Q2 2025, driven by massive contributions from ThredUp and Carvana, while capitalizing on tariff-induced market volatility to expand key positions at attractive prices.
