Crystal Cove Capital Q1 2015 Letter To Investors

1
Crystal Cove Capital Q1 2015 Letter To Investors

Crystal Cove Capital Management letter to investors for the first quarter ended December 31, 2015.

Dear Investor,

From inception to March 31, 2015 investors of Crystal Cove Capital experienced a 17.6% return compared to an 11.4% return from the S&P 500. Below, I share thoughts on why we present cumulative returns as well as thoughts on the predictability of short term vs. long term returns.

Mohnish Pabrai On Waiting For The Perfect Pitch