Greystone Capital Management, an investment management company, released its second-quarter 2026 investor letter. During Q2 2026, Greystone Capital's median account return was +7.2%, trailing behind S&P 500 (+15.2%) and Russell 2000 (+21.5%). Year-to-date returns was +8.6%, compared to +10.2% and +22.5% for the respective indices. The firm's performance is not tied to indices, as they do not own the index-driving companies. The letter emphasizes that Greystone’s strategy focuses on business fundamentals rather than chasing index-driven gains, particularly avoiding the current AI-driven...
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