Tilson “Rebuilding the Portfolio After Hitting the Reset Button”; Biggest Short Positions: WING, EXAS, HLF, WRLD

0
Tilson “Rebuilding the Portfolio After Hitting the Reset Button”; Biggest Short Positions: WING, EXAS, HLF, WRLD

From Whitney Tilson’s 2016 letter to investors – also his latest email – both excerpted below

 

2016 Hedge Fund Letters

Bonhoeffer Fund July 2022 Performance Update

Screenshot 27Bonhoeffer Fund's performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, conferences and more The Bonhoeffer Fund returned 3.5% net of fees in July, for a year-to-date return of -15.8%.   Bonhoeffer Fund, LP, is a value-oriented private investment partnership for . . . SORRY! This content is exclusively for Read More

1) Attached is my 2016 annual letter, in which I discuss the year, our 10 largest long positions (including three new ones: Mondelez, CSX and Pershing Square Holdings, now my first, second and ninth largest positions), four shorts, and my macro views.

2) I enjoyed this 76-minute video of Buffett and Gates, moderated by Charlie Rose, at Columbia University last week: www.youtube.com/watch?v=8K9QvPGHug0

 

3) What a blast from the past: nearly 20 years ago (on 4/30/