Dodge & Cox Fund, an investment management company, released its second-quarter 2026 investor letter for “Dodge and Cox Stock Fund”. You can download a copy of the letter here. U.S. equities achieved new all-time highs in Q2 2026, driven by a rally in the technology sector, led by memory semiconductor stocks. In Q2 2026, the Dodge & Cox Stock Fund (Class I) returned 5.57% (YTD 3.78%), underperforming the S&P 500 (+15.20%) and Russell 1000 Value Index (+13.84%). Underperformance was...
Visa (V): A High Margin Company with Long-Term Growth Potential
