Long Cast Advisers’ Q4 2021 Investor Letter

Long Cast Advisers, an investment management firm, published its fourth-quarter 2021 investor letter – a copy of which can be downloaded here. For the 4Q21 quarter (ended December 31, 2021), cumulative net returns of the fund were flat. For the year, net returns were 42%. Since inception in November 2015 through quarter-end 3Q21, LCA returned a cumulative 175% net of fees, or 18% CAGR. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.