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.
Outperforming the BSE 500 TRI benchmark by 1.1%, while maintaining a 93.4% equity exposure backed by 19.4% median profit growth across portfolio companies.
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Outperforming the BSE 500 TRI benchmark by 1.1%, while maintaining a 93.4% equity exposure backed by 19.4% median profit growth across portfolio companies.
Stone Sentinel Capital invests in unpopular, disfavored businesses where low expectations create asymmetric upside and under-priced fundamentals limit downside.
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Stone Sentinel Capital invests in unpopular, disfavored businesses where low expectations create asymmetric upside and under-priced fundamentals limit downside.
The Norbury Capital Fund dropped -0.2% in December but achieved an outstanding +30.0% return for the full year 2025. The manager highlights a strong commitment to long-term process refinement, including coaching, over chasing short-term performance.
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The Norbury Capital Fund dropped -0.2% in December but achieved an outstanding +30.0% return for the full year 2025. The manager highlights a strong commitment to long-term process refinement, including coaching, over chasing short-term performance.
Expressing strong optimism for small-cap value driven by rebounding earnings and Fed rate cuts, while sticking closely to its disciplined '10 Principles of Value Investing'.
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Expressing strong optimism for small-cap value driven by rebounding earnings and Fed rate cuts, while sticking closely to its disciplined '10 Principles of Value Investing'.