Ashva Capital, an investment management company, released its Q3 2024 investor letter. A copy of the same can be downloaded here. 2024 is undoubtedly on track to be one of the best calendar years in the history of the US market. Since most professional fund managers are unable to outperform the market even in years of mediocre performance, many have their work cut out for them this year. The fund was up 23% for the first three quarters of 2024 compared to 20.8% for the S&P500 Index for the same period. The firm believes that the current strength of the overall market will continue into...
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