Wedgewood Partners, an investment management firm, published its “Focused SMID Cap Strategy” fourth-quarter 2021 investor letter – a copy of which can be downloaded here. As capital markets have dramatically expanded against this competitive backdrop, the fund has extended its philosophy and process in launching the Wedgewood Partners Inc’s Focused SMID Cap Strategy and have managed to generate a 21% compounded return over the past 3 years, which places it in the top 1 percentile...
