Laughing Water Capital’s Q1 2019 Investor Letter
Laughing Water Capital is a long-biased boutique investment partnership that runs a concentrated portfolio of equity securities aiming to realize good profits. It often invests in businesses that are not much popular among other Wall Street investors because of some current issues, which the fund believes are solvable in time. The fund’s Portfolio Manager and Managing Partner is Matthew Sweeney. Recently, Laughing Water Capital released its Q1 2019 Investor Letter, which you can download below. It disclosed its quarterly returns of 4.5%, underperforming the S&P 500’s return of 13.7% and the Russel 2000’ return of 14.6%.
Dear Partners,
You can download a copy of Laughing Water Capital's Q1 2019 Investor Letter here:
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