Rocklinc Investment Partners, an investment management partnership, released its third quarter 2024 investor letter. A copy of the letter can be downloaded here. During the quarter, the fund’s basket of Canadian companies (after all expenses) increased by 12%, outperforming the index by 1.6%. The portfolio of U.S.-based companies (after all expenses) increased by 2.0% in the quarter, underperforming the S&P 500 index by approximately 2.9%. In addition, ROCKLINC separately managed accounts increased by 4.5% during the third quarter, 11.2% year-to-date and 16.5% during the last 12 months....
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