Here’s Why Vltava Fund Sold Magna International (MGA)

Vltava Fund, an investment management company, recently released its first quarter 2023 investor letter. A copy of the same can be downloaded here. The firm believes that the greatest potential risk for value destruction in asset allocation is through acquisitions. More than 80% of the Fund’s portfolio is comprised of stocks of companies that place buying back their shares at attractive prices at the very top of their asset allocation considerations. In addition, you can check the top 5...