Letters by company

Copart INC

2 letters discussing CPRT. Everything written about it on this site is on its ticker page.

Wedgewood Partners Bad Moon Rising Wedgewood added TJX Companies and Hermès, increased Amazon, and sold Copart while trimming Meta Platforms. The portfolio argues that Microsoft, Meta, Apple, Amazon, and Motorola Solutions can compound returns on AI investment, while Toll Brothers, Old Dominion, Taiwan Semiconductor, Hermès, and United Rentals retain durable operating advantages despite market pressure. Third Quarter 2026 MSI $74BAAPL $5TAMZN $2.7T
Intrepid Capital Mutual Fund Commentary Intrepid Capital Fund 1Q 2026 Intrepid Capital Fund attributed the quarter’s market volatility to the Iran conflict, higher oil prices and rising Treasury yields. Sprott, Permian Resources, Fabrinet, Madison Square Garden Sports and Alphabet were leading contributors, while Fiserv, Jefferies and Take-Two were among the main detractors. 1Q 2026 —