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Bonhoeffer Capital Management’s Q2 2024 Investor Letter

Bonhoeffer Capital Management, an asset management company, released its second-quarter 2024 investor letter. In the second quarter of 2024, the fund returned a loss of 4.2% net of fees compared to 5.7% returns for MSCI World ex-US, a broad-based index, and 1.0% return for the DFA International Small Cap Value Fund. The fund’s stocks have an average EV/EBITDA of 3.8 and a weighted average earnings/free cash flow yield of 14.4% as of June 30, 2024.  In addition, you can check the fund's top 5 holdings to determine its best picks for 2024.

A copy of Bonhoeffer Capital Management’s Q2...