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.
EdgePoint is maintaining strict credit underwriting standards despite historically tight credit spreads and decade-low yield cushions. By refusing to chase yield down the capital structure, the manager prioritizes capital preservation and prepares the portfolio to capitalize on future market volatility and the eventual turn of the credit cycle.
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EdgePoint is maintaining strict credit underwriting standards despite historically tight credit spreads and decade-low yield cushions. By refusing to chase yield down the capital structure, the manager prioritizes capital preservation and prepares the portfolio to capitalize on future market volatility and the eventual turn of the credit cycle.
In his inaugural shareholder letter, Greg Abel charts a steady course for Berkshire Hathaway, emphasizing capital discipline, the acquisition of OxyChem and Bell Laboratories, and a cautious stance on insurance markets while holding a fortress-like $370 billion in cash and Treasuries.
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In his inaugural shareholder letter, Greg Abel charts a steady course for Berkshire Hathaway, emphasizing capital discipline, the acquisition of OxyChem and Bell Laboratories, and a cautious stance on insurance markets while holding a fortress-like $370 billion in cash and Treasuries.
Oaktree emphasizes that while market volatility has created select pressures, compelling risk-adjusted opportunities exist in private credit, European liquid debt, and US residential real estate, provided investors employ rigorous, bottom-up selection.
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Oaktree emphasizes that while market volatility has created select pressures, compelling risk-adjusted opportunities exist in private credit, European liquid debt, and US residential real estate, provided investors employ rigorous, bottom-up selection.
