RV Capital Co Investor Letter H1 2018

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

Summary

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.