Short Illustration – September 2016

Volatility picked up in September and we used the market swings to continue adding to our portfolio. We are extremely sensitive to valuation and maintain high standards for adding new and existing positions.
A volatile flat market like the one we experienced in September plays to Somar’s strengths. Virtually all of our performance in September came from stock selection. Since inception more than two thirds of our profits came from stock selection while the rest of the profits came from market appreciation1.

Read more

Leave a Reply

Your email address will not be published. Required fields are marked *