Tao Value’s Q1 2021 Investor Letter

Tao Value, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. A return of +3.96% was delivered by the fund for the Q1 of 2021, below the MSCI All Country World Index that delivered a +4.88% return for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.