Firebird Management LLC, an investment management company, released its “Firebird US Value Fund” Q3 2024 investor letter. A copy of the letter can be downloaded here. With a 0.5% decrease in the federal funds rate in the third quarter of 2024, the interest rate-lowering cycle appears to have begun. There is disagreement among market analysts over the final rate setting, however, it is generally agreed that at least one additional interest rate cut will occur in 2024. The portfolio has generated more than $124,000 in operating cash flow for every $1 million in market value during the...
Create a free account, or log in to read the full article
No credit card required.
We may use your email to send marketing emails about our services. Click here to read our privacy policy.