Should You Hold APi Group (APG)?

Greystone Capital Management, an investment management company, released its second-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the second quarter, the return for separate accounts managed by the firm ranged from +4.3 to +7.1%. The median account returned +6.0% net of fees. Q2 and YTD results were unfavorably and favorably compared to the +4.3% and -3.3% during the quarter and +15.2% and +1.7% year-to-date returns for the S&P 500 and Russell 2000. The...