EHAB - Curreen Capital Q4 2023 Investor Letter
2024-01-28 09:25:00 ET
Summary
- At Curreen Capital, we are passionate about making smart long-term investments to build your wealth. We tend to own 5-15 investments at any one time – concentrating our efforts on the very best and most misunderstood opportunities that we can find.
- Our fund was up 15.38% in the fourth quarter, and up 15.5% for the year.
- We continue to follow our policy of being very conservative with our purchases, almost exclusively buying excellent businesses when they are available at a meaningful discount to my downside valuation.
- Prices rose in Q4, and I think that hints at what will happen more forcefully once the current inverted yield curve periodof malaise ends.
| Oct |
| Nov |
| Dec |
| Q4 2023 |
| 2023 |
| Since Inception |
| Annualized |
| Curreen Capital Partners LP |
| -6.04% |
| 9.48% |
| 12.16% |
| 15.38% |
| 15.5% |
| 184.7% |
| 10.4% |
| S&P 500 |
| -2.10% |
| 9.13% |
| 4.54% |
| 11.69% |
| 26.3% |
| 257.5% |
| 12.8% |
| MSCI World (US Gross) |
| -2.88% |
| 9.42% |
| 4.94% |
| 11.51% |
| 24.2% |
| 169.6% |
| 9.8% |