- Letter from Ron Ron Baron argues that long-term value creation requires backing executives willing to make consequential investments despite immediate costs and visible risks. He presents MSCI’s private-assets data strategy, Tesla’s autonomy and manufacturing ambitions, and SpaceX’s launch, connectivity, and AI infrastructure as examples of that approach. JUNE 30, 2026 MSCI $41BTSLA $1.4T0R24 $650BGOOGL $4.2T
One letter so far. We collect each new one as Baron Funds publishes it.
