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Equity Research Database
Institutional Investment Pitches
Explore thousands of hedge fund pitches, high-conviction equity research memos, and portfolio manager commentary extracted from quarterly letters.
Explore thousands of hedge fund pitches, high-conviction equity research memos, and portfolio manager commentary extracted from quarterly letters.
Laughing Water Capital (LWC) returned 6.8% in Q4 2025, resulting in a full-year 2025 net return of 3.9%, which underperformed the S&P 500 TR and Russell 2000 indices. The manager attributes...
— Matthew Sweeney
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