chineseinternetstocks
Giverny Capital commentary for the second quarter ended June 2021. Q2 2021 hedge fund letters, conferences and more A Strong Rebound In The Second QuarterIn aggregate, company results for the second quarter showed a strong rebound from the very difficult second quarter of 2020. Aside from one or two of our holdings (among the 25 or so in our portfolio), our companies released astounding results—beyond our expectations in the majority of cases. We anticipate, at this point, an average growth in earnings per share of our companies of approximately 30% on average for 2021. More significantly, we ...
ValueWalk
“We don’t have to be fast; we simply have to be steady and move in the right direction.” – Toni Sorenson Q2 2021 hedge fund letters, conferences and more When my great-grandfather came to this country in 1900 at 4-years-old, his family had nothing. Later, he dropped out of elementary school to help support them. Despite lacking formal education, he managed to accumulate a modest-sized fortune through a lifetime of 80-hour workweeks running his own businesses, being extremely cheap, and buying properties. He left much of this fortune to his daughter, my grandmother. Although she was a smart wom...
ValueWalk
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