Rewey Asset Management, an investment management company, released its “RAM Smid Composite” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. The year 2024 was outstanding for RAM Smid Composite. The composite appreciated 27.31% in the year, outperforming 10.98% rise of the benchmark Russell 2500 Value Total Return Index and 25.02% return of the S&P 500Total Return index. This marks the sixth straight year in which the RAM Smid composite has outperformed the benchmark, reflecting the firm’s disciplined and long-term investment philosophy. In addition,...
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