2024-04-23 07:25:00 ET
Summary
- Claret was founded in 1996 with the objective of answering the growing needs of private investors and specializes in offering portfolio management services to high-net-worth clients.
- After climbing in 2023 (up 23.8%), the S&P 500 continued its ascent in the first quarter of 2024 by increasing another 10%+.
- To put things into perspective, the S&P 500 equal weight index is up only 7.4%, reflecting the importance of the “Magnificent Seven”.
The next big thing...
It looks like this wall of worry is a lot taller than thought. After climbing it in 2023 (up 23.8%), the S&P 500 continued its ascent in the first quarter of 2024 by increasing another 10%+ (10.16% price-wise, to be exact, but who's counting...)....
Read the full article on Seeking Alpha
For further details see:
Claret Asset Management Q1 2024 Quarterly Letter