Should You Believe in the Growth Prospects of Veralto Corp. (VLTO)?

Weitz Investment Management, an investment management firm, released its “Large Cap Equity Fund” fourth-quarter 2023 investor letter. A copy of the same can be downloaded here. In the fourth quarter, the fund’s Institutional Class returned +10.91% compared to a +11.96% return for the Russell 1000 Index. The Fund’s Institutional Class has returned +29.81% for the calendar year compared to a +26.53% return for the benchmark. It was a fantastic way to cap off an excellent year. The US...