Generation Investment Management Global Equity Strategy’s Q4 2023 Investor Letter

Generation Investment Management, an investment management firm, released its “Global Equity Strategy” fourth quarter 2023 investor letter. Markets fared fairly well in 2023, in part due to the hype surrounding generative AI. The atmosphere is still difficult, though. In 2023, holdings in consumer-facing and technology firms boosted the returns of the fund while real estate and healthcare were hindered. (There are, of course, exceptions on both sides). Positively, businesses associated...