O’Keefe Stevens Advisory’s Q1 2025 Investor Letter

O’keefe Stevens Advisory, an investment advisory firm, released its first-quarter 2025 investor letter. In a volatile first quarter, equity price movements exceeded downside underwriting assumptions. The firm is cautious in assessing downside risk, as disappointing earnings often lack immediate price support. The market seems to believe no valuation is too low when earnings miss expectations, whether the issues are temporary or structural. In addition, please check the top 5 holdings of the strategy to know its best pick in 2025.

A copy of O’Keefe Stevens Advisory’s Q1 2025 investor letter can be downloaded here.