The Tide Comes In For Value Fund

This time last year I said I’d sack myself if our returns didn’t improve. In the 12 months since, the Value Fund has returned 35%* to investors. The power of incentives, perhaps? We have been trying our darndest all along, I promise. Although I really like this job and don’t want to lose it, the incentive hasn’t been any stronger this past year than those prior. I do think we’re better investors than we were three years ago. Experience helps. And, whereas we didn’t have much luck in year one, we’ve had a few things go our way of...

This time last year I said I’d sack myself if our returns didn’t improve. In the 12 months since, the Value Fund has returned 35%* to investors. The power of incentives, perhaps?

We have been trying our darndest all along, I promise. Although I really like this job and don’t want to lose it, the incentive hasn’t been any stronger this past year than those prior.

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