Baron Funds: “We Continue to View Spotify (SPOT) as a Long-Term Winner in Music Streaming”

Baron Funds, an asset management firm, published its “Baron Partners Fund” third quarter 2021 investor letter – a copy of which can be downloaded here. An increase of 5.52% was delivered by the fund’s institutional shares for the third quarter of 2021, outperforming the Russell Midcap Growth Index which declined 0.76%  for the same period. The S&P 500 Index rose 0.58% while the Morningstar Large Growth Category (the “Peer Group”) Average declined 0.07%. You can take a look at...