Lansing Street Advisor’s Q3 2023 Investor Letter

Lansing Street Advisor, an investment management firm, released its third quarter 2023 investor letter, a copy of which can be downloaded here. As per the fund, the past 24 months have witnessed unprecedented events. In 2022, an unusual scenario unfolded, with both stocks and bonds experiencing negative returns in the same year. Now, in 2023, we are navigating a narrative where only a select few stocks account for all the returns, and we confront the prospect of three consecutive years of...