Giverny Capital Asset Management’s Q2 2021 Investor Letter

Giverny Capital, an asset management firm, published its second-quarter 2021 investor letter – a copy of which can be downloaded here. A quarterly net return of 7.29% was delivered by the fund for the Q2 of 2021, slightly below its benchmark, the S&P 500 Index, which delivered an 8.5% gain for the same period. You can take a look at the fund’s top 5 holdings to have an idea about their top bets for 2021.