Dear Partner,
We are proud of how we have executed our strategy through the last few years’ turmoil; mostly, I am pleased with how this year unfolded and how the returns were generated. We can best explain our year’s good fortune by thinking of it in three layers: 1) staying the course in a good strategy; 2) leaning into more technology shares in 2022 when it was considered out-of-favor to capture the strong recovery; 3) picking off a select few opportunities uniquely positioned for strong...
Dear Partner,
After such a strong start to the year, the third quarter’s relapse was not entirely unexpected. A sell-off in long-term Treasury bonds triggered broad risk aversion and valuation compression across most asset classes. Notably, bonds are now in their third consecutive year of losses, an unprecedented event in modern financial history. The recent eighty-four basis point surge in yields represents the largest quarterly increase in...
Bowie Capital's CIO, Cory Whitaker, joins host Paul Olschwanger on the CFA Society Podcast to talk through Bowie's strategy and process, the benefits of owning high-quality businesses for a long period of time, and how the CFA Charterholder impacted his career...
