Generation Investment Management Global Equity Strategy Q2 2026 Investor Letter

Generation Investment Management, an investment management firm, released its “Global Equity Strategy” second quarter 2026 investor letter. The letter discusses the challenges of AI-driven market concentration and emphasizes the potential for long-term investors. It notes that the best companies are currently underperforming due to market returns being concentrated in a few stocks, driven by momentum and retail investment. The authors defend their active management strategy with a...