Investment management company Bireme Capital recently released its fourth-quarter 2023 investor letter. A copy of the same can be downloaded here. In 2023, the fund returned 21.3% net of fees underperforming the S&P 500’s 26.2%. The fund was up 448% net since inception in 2016 vs the S&P at 161%, an annual outperformance of 11.7%. Last […]
Investment management company Bireme Capital recently released its fourth-quarter 2023 investor letter. In 2023, the fund returned 21.3% net of fees underperforming the S&P 500’s 26.2%.
It’s looking like an upbeat start to fearful February as investors look past a hawkish Fed and put their faith in the last of Big Tech results coming after…