Tao Value’s Q2 2021 Investor Letter

Tao Value, an investment management firm, published its second quarter 2021 investor letter – a copy of which can be downloaded here. A return of -2.07% was delivered by the fund for the Q2 of 2021, trailing the MSCI All Country World Index that delivered a +7.11% return for the same period. You can take a look at the fund’s top 5 holdings to have an idea about their top bets for 2021.