Laughing Water Capital’s Q3 2023 Investor Letter

Laughing Water Capital, an investment management company, released its third-quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, the fund fell approximately 11.6%, which makes YTD returns ~8.3% compared to the SP500TR and the R2000 returns of -3.3% and -5.1%, respectively, during the quarter and 13.1% and 2.5% YTD, respectively. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.