Wedgewood Partners, a St. Louis, Missouri-based investment firm, released its 2019 Q3 investor letter – you can download a copy here.
Wedgewood Partners managed a 0.39% return for the quarter. Meanwhile, the benchmark Russell 1000 Growth Index and the S&P 500 Index gained 1.49% and 1.87%, respectively.
Wedgewood offered a bearish take on social media giant, Facebook Inc (NASDAQ:FB), in its latest letter to investors:
“Facebook reported 32% growth in constant currency ad...
