Optimist Fund, an investment management company, released its third quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund appreciated approximately 28% in the third quarter, fueled by strong fundamental performance across its holdings. Over the first five years, the fund generated an annualized return of 11.5%, net of fees. In addition, please check the fund’s top five holdings to know its best picks in 2024.
Optimist Fund highlighted stocks like Carvana Co. (NYSE:CVNA) in the third quarter 2024 investor letter. Headquartered in Tempe, Arizona, Carvana Co....
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