Wedgewood Partners, an investment firm based in St. Louis, Missouri, recently released its Q2 investor letter – you can download a copy below.
The firm’s composite increased 4.85% (net-of-fees) during the second quarter of 2018. During the same time, the benchmark Russell 1000 Growth Index gained 5.76%, while the S&P 500 Index jumped 3.43%.
Top performance detractors include Fastenal, Berkshire Hathaway, Celgene, Booking Holdings, and Cognizant. Whereas, top second quarter performance...
