Up until recent years, the momentum associated with space exploration has more or less fizzled. While it would seem that rapid innovation is occurring in every other technology field worldwide, the hardware and business models used in space exploration have remained static aside from small, incremental improvements.
It is mind boggling that the last time humans walked on the moon was over 40 years ago.
Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy, have produced a 12.6% annualised return over the past 26 years. The funds added 7.7% overall in the second half of 2022, outperforming the 3.4% return for Read More
Space Exploration Taking Off From Infinity To Beyond
Infographic source: Kapitall