Vltava Fund’s Q1 2025 Investor Letter

Vltava Fund, an investment management company, recently released its first-quarter 2025 investor letter. The letter contemplated whether the stock market is a casino. The author emphasized that the stock market is not a casino, and investors must not treat it as such to achieve better returns. The trend shows that a growing number of people have recently started to view stock market trading as gambling. However, the firm believes that stocks are the best long-term investment. In the first quarter, markets were both interesting and volatile due to several factors. The fund has been in existence for 21 years and has never engaged in stock trading solely due to political changes. The fund believes that it is vital to focus on selecting companies with long-term value growth and strong shareholder-focused management, when the political changes affect the economy and corporate profitability. In addition, please check the fund’s top five holdings to know its best picks in 2025.

A copy of Vltava Fund’s Q1 2025 Investor Letter can be downloaded here.