Investor Letters

Letters through June 30, 2017

1 letter reporting on the period ending June 30, 2017, in each firm's own reckoning.

Lansing Street Advisors Tiny Bubbles – July 2017 Technology stocks remain far removed from dot-com-era excess, with valuations, IPO activity and market leadership contrasting sharply with 1999. The commentary argues that FANG could correct but does not signal a secular technology bear market, and urges disciplined investing rather than attempts to time a pullback. Q2 2017 —