Michael Kramer’s Mott Capital just released its Q4 letter to investors, which discussed the fund’s trying 2016 and some of its portfolio moves during the fourth quarter of last year. The fund, which uses a “thematic growth strategy” that couples financial analysis with the latest trends to uncover potential investments, dipped by 2.10% net of fees in 2016, while the S&P 500 registered gains of 11.96%. That followed a 2015 that saw the fund post 1.52% gains net of fees, slightly topping the...
