In their latest 2021 Year-End Letter, Laughing Water Capital discuss why real diversification means part of your portfolio will not be working. Here’s an excerpt from the letter: On size, I continue to think that we are best able to flex our competitive advantages as an investment partnership in the … Read More
Laughing Water Capital: This Market Makes All Speculators Look Like Geniuses
Matthew Sweeney at value investing firm Laughing Water Capital recently released his Q2 2020 Shareholder Letter in which he discussed the importance of sticking with your strategy in a market that makes all speculators look like geniuses. Here’s an excerpt from the letter: It may be tempting to just jump … Read More