Amazon.com (AMZN) Reported an Impressive Quarterly Result

Lakehouse Capital, a Sydney-based investment manager, released its “Lakehouse Global Growth Fund” October 2023 investor letter. A copy of the same can be downloaded here. October was a busy month for the Fund with the team’s main attention on several portfolio businesses that released earnings. The Fund returned 0.7% net of fees and expenses for the month compared to -1.1% for its benchmark. Since its inception at the start of December 2017, the Fund has returned 102.7% compared to...