Tao Value’s Q1 2019 Investor Letter

Tao Value recently released its Q1 2019 Investor Letter, a copy of which you can download below. The fund posted a return of 14.03% for the quarter, outperforming their benchmark, the MSCI All Country World Index (ACWI) which brought back 12.45% in the same quarter.

For the quarter ended March 31st, 2019, Tao Value recorded a return of +14.03%, compared to +12.45% of MSCI All Country World Index (ACWI). It was the best first quarter for multiple broad market indices since the recovery from...