Investment Firm | Return | Date Posted |Companies
---|---|---|---
[Greenfield Investment Management](https://www.greenfieldinvestment.ca/post/time-flies-when-you-are-having-fun)| | January 8|
[Desert Lion Capital](https://mcusercontent.com/2b965ce88104d672785279e80/files/9c8198f8-7be7-5e3a-dc4e-ba48a010c802/2025_12_Desert_Lion_Investor_Report_December_2025.pdf)| | January 8|
[Kerrisdale Capital - Long Thesis on TDS](https://www.kerrisdalecap.com/wp-content/uploads/2026/01/TDS-Kerrisdale.pdf)| | January 8| TDS
[Horizon Kinetics](https://horizonkinetics.com/app/uploads/Founders-Letter-2026_Final.pdf)| | January 23|
[Tectonic Investors ](https://files.constantcontact.com/403e24bc901/eec7a07e-ad4e-44d5-b24c-95da84ba0bb1.pdf)| | January 23|
[Bonhoeffer Partners](https://mcusercontent.com/2511717cdf1bae9a0638c942a/files/4ce92677-66f3-d646-b342-59c9b7cbcc51/Bonhoeffer_Partner_Letter_Q3_2025.pdf)| | January 24|
[Kerrisdale Capital - Short Thesis on Affirm](https://www.kerrisdalecap.com/wp-content/uploads/2026/01/Affirm-Kerrisdale.pdf)| | January 24| AFRM
[Vltava Fund](https://www.vltavafund.com/dopisy-akcionarum/latinos)| | January 24|
[Blue Tower Asset Management](https://static1.squarespace.com/static/54373ea8e4b0152f9d332f13/t/69655563fd48c11f5a6175c9/1768248675610/2025+Q4.pdf)| 54.8%| January 25| ENVA, LSE:CGEO
[Bristlemoon Capital](https://www.bristlemoonresearch.com/p/bristlemoon-december-2025-quarterly)|-6.2%| January 25|
[Equity Management Associates](https://drive.google.com/file/d/1TDiQ-lbWltk9lS62CAwVBvtSSLb4nokB/view)| | January 25|
[Diameter Capital](https://diameter-presents.s3.us-east-1.amazonaws.com/Diameter+Capital+Partners+-+Q4+2025+Letter.pdf)| 8%| January 25|
[Fundsmith](https://www.fundsmith.co.uk/media/4hcfd1pg/2025-fef-annual-letter-web.pdf)|0.8% | January 25|
[Greystone Capital](https://88ed4599-26c4-4b58-95a2-873503998297.filesusr.com/ugd/47fd79_3f1d4b7645974584998866e0a513b174.pdf)| 2.8%| January 25|
[Kathmandu Capital](https://static1.squarespace.com/static/63465dbda3a3280f2afb25eb/t/6964e898c6b5ef71c0606687/1768220824470/KC+4Q25+Letter+to+Investors+Final.pdf)| 52% | January 25| VICR
[Pernas Research](https://pernasresearch.com/quarterly/2025-q4-investment-letter/)| 54.3%| January 25| SEMR, STX, PSFE
[Plural Investing](https://mcusercontent.com/0621b1ecf16131aced159c001/files/15f68f80-aabc-bf71-d2a3-f4f1519740a4/Plural_Partners_Fund_Letter_2025_Q4.pdf?mc_cid=4d81765bd3)| -0.2%| January 25| WOSG, LOGC
[Tsai Capital](https://tsaicapital.com/files/Tsai-Capital-Annual-Investor-Letter-2025.pdf)| | January 25| QXO, BN, AAPL, TSLA
[Upslope Capital](https://static1.squarespace.com/static/58f7798829687f53ff30baf8/t/696659036e5e6547fca2ae9c/1768315139933/Upslope+-+2025Q4+Letter.pdf)|14.8%| January 25| BAH, CCK, HSIC,
[Wedgewood Partners](https://wedgewoodpartners.com/wp-content/uploads/2026/01/WW_4Q2025ClientLetter.pdf)| 4.3%| January 25| AMZN, CB
[1 Main Capital](https://static1.squarespace.com/static/5e03bb9dcc191357f10902ad/t/6973f17554de680aa12aad83/1769206133424/Q4%2725+letter.pdf)| 20.1%| January 26| LMB
[Arquitos Capital](https://mcusercontent.com/2e00b983d572e23abe8bd7a2a/files/ce1766a6-7b86-7547-f75f-79cd575e8f6b/Arquitos_Investor_Letter_Q4_2025.pdf)|82%| January 26| LDQA, ENDI, FNCH
[Fairlight Fund](https://www.fairlightcapital.com/_files/ugd/a6cb30_2c6c31e59e024979a84cb039ac66819d.pdf)| 66%| February 3|
[Greenlight Capital](https://drive.google.com/file/d/1moRuJauiwIF9PILWh50vs0Rz9XP0QP9R/view)|9% | February 3| BHF, TEVA, VSCO, FLR, DECK, GPN, WBD
[MSA Capital](https://www.msa-capital.de/_files/ugd/6fc4ac_76ac377c50a24265b1fc21d7544744a7.pdf)|11.9%| February 3|
[Rubicon Fund](https://valueandopportunity.com/wp-content/uploads/2026/02/letter_h2_2025-1.pdf)| 11.3%| February 3|
[Warden Capital](https://warcap.substack.com/p/warden-2025-year-end-letter)| 0.8%| February 3| VAIL
[Curreen Capital](https://static1.squarespace.com/static/55f99b0ae4b02c9607c0f701/t/697bb4663088b968ca74fda7/1769714790425/Q4+2025+Letter.pdf)| 30.9%| February 4|
[Hirscshmann](https://www.hcapital.llc/_files/ugd/dc7287_26dc295e121042f7b32a5f9d5b352efb.pdf?index=true)| 187%| February 4|
[Immersion Investments](https://files.constantcontact.com/920f57ab801/5e8bfbe5-975b-4e98-8a1d-9b5d3ab7cbba.pdf)|45.4%| February 4| PAR, MAMA, BROS
[Legacy Ridge](https://www.legacyridgecapital.com/wp-content/uploads/2026/02/LRCM-2025-Letter.pdf)|7%| February 4| PLTR, KRP, MNR
[Lyrical Asset Management](https://blog.lyricalam.com/hubfs/AAA_Marketing_Material/Letters/2025%20Review%20Letter/LAM-2025-US-Review-Letter.pdf)| 17.9%| February 4|
[Pantera - Navigating Crypto in 2026](https://panteracapital.com/blockchain-letter/navigating-crypto-in-2026/)| | February 4|
[Sohra Peak](https://mcusercontent.com/3fff1ea9d792aab7f6dffe0ab/files/52cbe8aa-eb9e-9a36-2582-67ae3069f2fa/Sohra_Peak_Capital_Partners_Partnership_Letter_Q4_2025.pdf)|44.8% | February 4|
[Silver Ring Partners](https://mcusercontent.com/57cdfc490b101d54b70128c06/files/1329d8fb-1b34-a72a-8205-789c62e5eed3/SilverRingValuePartners_2025Q4_Letter.pdf)| 109%| February 15|
[Emeth Value](https://www.emethvaluecapital.com/_files/ugd/b2ee4c_a623f4db4919487e9b5db15be48fd620.pdf)| | February 16|
[JDP Capital](https://jdpcap.com/wp-content/uploads/2026/02/2025-Annual-Partnership-Letter_final.pdf)| | February 16| SPOT, TSLA, PSTG, BABA
[Pershing Square](https://assets.pershingsquareholdings.com/wp-content/uploads/2026/02/11144917/2026-Annual-Investor-Presentation.pdf)| |February 16 | UBER, FNMA, AMZN, META, UMG, GOOG, HHH
[Robotti](https://advisors.robotti.com/wp-content/uploads/Robotti-Company-Advisors-YE-2025-Letter-w-disc.pdf)| | February 16|
[Rowan Street](https://alexkopel.substack.com/p/rowan-street-2025-year-end-letter)| 11.1%| February 16| META, SHOP, TTD, TSLA
[Sequoia](https://www.ruanecunniff.com/wp-content/uploads/2026/02/Sequoia-Strategy-Year-End-2025-Letter.pdf)| | February 16| GOOG, UMG, SCHW, CSU
[Spruce Point - SGHC](https://cdn.prod.website-files.com/64dd091f91b3ca8e6309dc0d/698dda43ab1475370340d002_sghc_research_thesis_2-12-2026.pdf)| | February 16| SGHC
[Third Point Capital](https://assets-malibu-life.s3.us-west-2.amazonaws.com/system/uploads/fae/file/asset/1689/Third_Point_Q4_2025_Investor_Letter_TPIL.pdf)| 1.9%| February 16|
[Aquamarine Fund](https://aqfd.docsend.com/view/nip42bjerdisg63z)|11.3% | February 24|
[Elliot Management - Toyota](https://elliottletters.com/wp-content/uploads/Elliotts-Perpectives-on-Toyota-Industries-EN.pdf)| | February 24|
[Jackson Peak](https://acrobat.adobe.com/id/urn:aaid:sc:VA6C2:f703d2a9-dbf2-471f-bd1f-b65017b1073b?viewer%21megaVerb=group-discover)| 82.9%| February 24| SATS, CFLT
[Alluvial](https://mcusercontent.com/b5aa12c5c889b46c0f8288f6d/files/2f4539c4-1d50-f989-e390-9c279ca22f89/Tactile_Fund_Letter_to_Partners_2025_12_31.pdf)| 20.5%| February 26|
[Hayden Capital](https://content.haydencapital.com/Hayden-Capital-Quarterly-Letter-2025-Q4.pdf)|22.3% | February 26|
[Aquamarine](https://aqfd.docsend.com/view/nip42bjerdisg63z)| | March 9|
[Goldman Sachs - War in Iran](https://www.gspublishing.com/content/research/en/reports/2026/03/05/883b6485-d54d-499b-92b9-55a5f7699c16.html)| | March 9|
[Salt Light Capital](https://saltlight-website-files.s3.eu-west-1.amazonaws.com/documents/SLTWWF_Letter_4Q_2025.pdf)|30.8% | March 9|
[Semper Augustus](https://static.fmgsuite.com/media/documents/7c13e1b2-1daa-4621-b926-1bff480a67f9.pdf)| | March 9| BRK
[Voss Capital](https://static1.squarespace.com/static/601ae5e60b044d0313307aca/t/69a8a7f958a7201c99c88c87/1772660729654/Q4+2025+Voss+Letter+to+Partners+-+VVMF.pdf)| -2.1%| March 9| FLYW, PAR, CLBT, CHH
[Atai Capital](https://static1.squarespace.com/static/635cafa2259a125cc55eae33/t/69b0657ee1b0676fd4965d74/1773167998129/Atai+Capital+-+Q4-2025+Letter+-+Public.pdf)| | March 13|
[Bumbershoot Holdings](https://bumbershootholdings.com/wp-content/uploads/2026/03/bumbershoot-holdings-e28094-letter-to-partners-e28094-2025.pdf)| 13%| March 13|
[Giverny Capital](https://givernycapital.com/wp-content/uploads/2026/03/giverny-capital-annual-letter-2025-1.pdf)|2.7% | March 28|
Interviews, Lectures & Podcasts | Date Posted
---|---
[Ricky Sandler](https://valueinvestingwithlegends.libsyn.com/ricky-sandler-investing-through-perception-shifts-and-market-cycles)| January 8|
[Interview with Jeremy Grantham](https://www.youtube.com/watch?v=L-hLVS_53NU)| January 26
[Interview with Howard Marks](https://www.youtube.com/watch?v=pC1Id0JN00c)| February 17
