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Comments

  • Thanks @TheShadow : No sugar coating here.
  • I agree. This seems a straightforward honest explanation of what occurred in 2022.
  • Does anyone have a read on why the letter has a large section ( Notes from the Road) about India and how excited Tyler Galuser is about India, when as best I can tell he is only one of a dozen PMs on one fund that only has 4% in India?

    Emerging Opportunities seems to be the fund with the most Indian exposure, but he is not a PM there. Overall not a lot of exposure

    Also why did Contrarian Fund's "Captured earnings" go down for 2022 and is so low?

    I have always had a hard time telling the difference between most of their funds
  • Not sure about India, but Contrarian is their one value fund.
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