Vulcan Value Partners’ Q4 2023 Investor Letter

Investment management company Vulcan Value Partners recently released its fourth quarter 2023 investor letter. All five investing strategies outperformed their respective benchmarks and produced strong double-digit annual returns that were far higher than inflation. Additionally, the firm is happy with the fourth quarter’s outcomes. All of investment strategies produced double-digit returns and all of them except Small Cap beat their respective benchmarks. In the quarter, the fund’s...