Should You Consider Adding to Your Position in Net Lease Office Properties (NLOP)?

Kingdom Capital Advisors, a private investment firm, released its second-quarter 2024 investor letter. A copy of the letter can be downloaded here. The strategy returned 5.40% (net of fees) in the second quarter compared to -3.28%, 4.28%, and 8.05% returns for the Russell 2000 TR, S&P 500 Index TR, and the NASDAQ 100 TR, respectively. The firm completed 10 quarters since its inception. The stock selection strategy of the firm has received some initial validation, from the short measurement...