Laughing Water Capital, an investment management company, released its second-quarter 2025 investor letter. In the second quarter of 2025, Class A investment in Laughing Water Capital returned approximately 13.1% net of all expenses. The SP500TR and R2000 returned 10.9% and 8.5%, respectively. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.
A copy of Laughing Water Capital’s Q2 2025 investor letter can be downloaded here.Create a free account, or log in to read the full article
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