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.
Fairfax Financial reported strong second-quarter 2026 net earnings of $1.39 billion and a 93.1% combined ratio, fueled by robust underwriting profit and an $838.4 million realized gain on Poseidon. The firm aggressively returned capital via $1.09 billion in share repurchases while deploying opportunistically into corporate acquisitions.
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Fairfax Financial reported strong second-quarter 2026 net earnings of $1.39 billion and a 93.1% combined ratio, fueled by robust underwriting profit and an $838.4 million realized gain on Poseidon. The firm aggressively returned capital via $1.09 billion in share repurchases while deploying opportunistically into corporate acquisitions.
Markel Group delivered solid 2025 results with 12% growth in intrinsic value and executed key strategic initiatives, including a major insurance division reorganization and the exit of reinsurance renewal rights to focus on high-return specialty lines.
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Markel Group delivered solid 2025 results with 12% growth in intrinsic value and executed key strategic initiatives, including a major insurance division reorganization and the exit of reinsurance renewal rights to focus on high-return specialty lines.
Curreen Capital achieved a strong 15.38% return in the fourth quarter by aggressively purchasing out-of-favor 'ugly ducklings' during October's market decline. Operating under a conservative strategy dictated by an inverted yield curve, the fund maintains a 23% cash position to exploit future mispricings while building a portfolio poised for significant long-term appreciation once macroeconomic conditions normalize.
Full Quick Take
Curreen Capital achieved a strong 15.38% return in the fourth quarter by aggressively purchasing out-of-favor 'ugly ducklings' during October's market decline. Operating under a conservative strategy dictated by an inverted yield curve, the fund maintains a 23% cash position to exploit future mispricings while building a portfolio poised for significant long-term appreciation once macroeconomic conditions normalize.
