Moon Capital Management, LLC, an investment management company, released its fourth quarter 2024 investor letter.The majority of experts believed two years ago that a U.S. recession might be approaching within the next twelve months. Two years later, however, the economy has managed to escape contraction, inflation is under control, profit margins are strong, and investor confidence has returned. The S&P 500 has also generated its best two-year return since 1998, the year before the Internet investment bubble burst, with a 23% gain in 2024. In addition, please check the fund’s top five...
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