Worm Capital’s Q1 2022 Investor Letter

Worm Capital, an investment management firm, published its first-quarter 2022 investor letter – a copy of which can be downloaded here. During the first quarter of this year, the fund outperformed its benchmark, the S&P 500 TR by 25.64 percentage points but its year-to-date return is still down by -18.12%, compared to the -4.59% return of its benchmark over the same period. Try to spend some time taking a look at the fund’s top 5 holdings to be informed about their best picks for 2022.