H2 2023 Results, Portfolio Update, Carvana, Redfin, and Roku Discussion

H1 2023 Results During the first half of 2023, the Saga Portfolio (“the Portfolio”) increased 117.3% net of fees. This compares to the...

Portfolio Update, Microeconomics, Redfin and Carvana Discussion

Q2 2022 Results: Interpretation of Results, The Search for a Theory of Investing, Portfolio Update

Q1 2022 Results During the first quarter of 2022, the Saga Portfolio (“the Portfolio”) declined 42.4% net of fees. This compares to the...

H2 2021 Results; Interpretation of Short-Term Results, How to Think About Volatility, Portfolio Update