Silver Beech Capital, a value-oriented investment management firm, released its third-quarter 2024 investor letter. A copy of the letter can be downloaded here. Since its inception, Silver Beech has achieved a net annualized return of 23.8%, representing an annualized outperformance of 10.5% over the S&P 500. The fund returned 22.3% through the third quarter year-to-date 2024 slightly surpassing the S&P 500's return of 22.1% and significantly outpacing the Russell 2000's return of 11.2%. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2024.
Silver...
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