Investor Letter 3Q23
https://www.linkedin.com/pulse/3q2023-investor-letter-zachary-mineur-cfa
Insights 2.24.22 – Russia & Ukraine
As was largely expected, Russia engaged in offensive military action against Ukraine today. It is unclear at this time what the extent of the incursion will be and what the goal of the Kremlin is. For a context of where…
Model Update – ISQ1 – Dynamic Equity – 8.11.21
We have sold Moderna (MRNA) in our Dynamic Equity Model. This stock was up over 250% year to date, and while we believe that the mRNA platform they have developed has exceptional promise to be used with other diseases, the…
Model Update – Independence Square – ISQ1 – Dynamic Equity...
To bolster the inflation protection in the portfolio and enhance yield, we added a position in Chevron (CVX). This company has a strong balance sheet, has grown it’s dividend over the last year, and now offers an attractive valuation relative…
Restricted content
Using the cash from liquidated 361 Capital Managed Futures Strategy, we allocated proceeds to the Locorr Macro Strategies Fund (LFMIX). This fund is an analyst top pick by LPL and a five-star fund with Morningstar. Importantly, in the volatile years...Model Update – Independence Square – ISQ4 – Dynamic Sector
Another 1.9 trillion in Covid stimulus is likely heading to the President’s desk this week, US consumers have the highest personal savings rates in a century, and the vaccine rollout is putting a third quarter return to relative normal as…