2024-07-11 07:00:00 ET
Summary
- Black Bear Value Fund, LP is an opportunistic, concentrated and fundamental value investment partnership.
- Black Bear Value Fund returned -6.7% in June and +2.1% YTD.
- The businesses we own are at extremely attractive prices with safe balance sheets and capable management.
- If the prices of our portfolio companies continue to decline with no change in fundamental value, you should expect even further concentration.
"I love inside jokes. I hope to be part of one someday". - Michael Scott (The Office)
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For further details see:
Black Bear Value Partners Q2 2024 Letter