Client Letters
On a quarterly basis our investment committee writes and distributes a client letter that highlights investment research and discussions on positions within the All-Cap Equity portfolio. Although the focus for our investment committee is on individual companies, we will also occasionally discuss and share our opinion on the macro economy as we deem appropriate. Please find below the archive for our previous letters sent to our clients. A careful study of the letters will provide further insight to our firm's investment philosophy, style, and approach. Enjoy!
Q4 2011 Client Letter
Posted: December 31, 2011
Q3 2011 Client Letter
Posted: September 30, 2011
Q2 2011 Client Letter
Posted: June 30, 2011
Q1 2011 Client Letter
Posted: March 31, 2011
Q4 2010 Client Letter
Posted: December 31, 2010
Q3 2010 Client Letter
Posted: September 30, 2010
Q2 2010 Client Letter
Posted: June 30, 2010
Q1 2010 Client Letter
Posted: March 31, 2010
Q4 2009 Client Letter
Posted: December 31, 2009
Q3 2009 Client Letter
Posted: September 30, 2009
Q2 2009 Client Letter
Posted: June 30, 2009
Q1 2009 Client Letter
Posted: March 31, 2009
Q4 2008 Client Letter
Posted: December 31, 2008
Q3 2008 Client Letter
Posted: September 30, 2008
Q2 2008 Client Letter
Posted: June 30, 2008