Tao Value’s Q3 2021 Investor Letter

Tao Value, an investment management firm, published its third-quarter 2021 investor letter – a copy of which can be downloaded here. A return of -7.53% was delivered by the fund for the Q3 of 2021, compared to its benchmark, the MSCI All Country World Index that delivered a -1.26% return for the same period. You can take a look at the fund’s top 5 holdings to have an idea about their best picks for 2021.