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Global Focused Fund – Manager’s Commentary – Q3 2021
“Every past decline looks like an opportunity; every future decline looks like a risk.” – Morgan Housel Fellow unitholders, In this commentary we cover: Popularity Cycles Pessimism – What (else) could go wrong? Optionality – […]
Global Focused Fund – Manager’s Commentary – Q2 2021
Fellow unitholders, “The man who is in need of a new thinking tool, but hasn’t yet acquired it, is already paying for it.” – Charlie Munger In this commentary we cover: New Fund name, similar […]