What Makes Intel Corporation (INTC) an Investment Choice?

Upslope Capital Management, an investment management firm, released its fourth-quarter 2023 investor letter. A copy of the same can be downloaded here. Considering Upslope’s regular defensive approach, Q4 was unusual. The fund returned +15.8% (net) in Q4 compared to +11.5% and +3.6% for the S&P Midcap 400 ETF (MDY) and HFRX Equity Hedge Index, respectively. For the full year, the fund’s return was +12.4% (net) compared to +16.1% and +6.9%, respectively for the indexes. In addition, you...