Mar Vista Investment Partners, LLC, an investment management company, released the “Strategic Growth Strategy” second quarter 2024 investor letter. The S&P 500 Index recorded a 15.29% gain in the first half of 2024, marking one of its best performances since the late 1990s tech bubble. However, it was still slightly below the remarkable start of 2023. In the second quarter, the strategy returned +2.36% net-of-fees compared to +8.34% and +4.28% returns for The Russell 1000 Growth Index and the S&P 500 Index. Following a robust performance in the first six months, it appears that stocks...
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