RV Capital Co Investor Letter H1 2018

About: Facebook (FB), TRUP, PSSGF, Includes: BRK.A, BRK.B, CACC, GOOG, GOOGL, RYHTY
by: Fund Letters


Includes detailed analysis of RV Capital's positions in FB, TRUP, PSSGF.

In my half-year letter, I like to report on the operating development of our investee companies in the previous financial year.

It allows a more objective assessment of whether the short term development is consistent with the long-term journey, as opposed to whether the results are above or below somebody else’s expectations.