Right Tail Capital’s Q4 2022 Investor Letter

Right Tail Capital, an investment management company, released its fourth-quarter 2022 investor letter. A copy of the same can be downloaded here. For the calendar year 2022, the fund declined -0.7% compared to a -3.5% return for the S&P 500 Index. 90% of the fund’s portfolio is invested in undervalued, high-quality companies with attractive return potential, durable competitive advantages, and excellent management. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.