PORTFOLIO
2021
December 2021
Letter to Shareholders
Issue 62: Map of Themes
November 2021
Letter to Shareholders
Issue 61: What Hurts the Quality of Returns
October 2021
Letter to Shareholders
Issue 60: Lodestar vs Bonds
September 2021
LHL Risk Report
Letter to Shareholders
Issue 59: Production vs Consumption
August 2021
LHL Risk Report
Letter to Shareholders
Issue 58: Not All Return Is Created Equal
July 2021
LHL Risk Report
Letter to Shareholders
Issue 57: Real Estate Data & Online Marketplace
June 2021
LHL Risk Report
Letter to Shareholders
Issue 56: Sharper & Clearer
May 2021
LHL Risk Report
Letter to Shareholders
Issue 55: The Cost of Returns
April 2021
LHL Risk Report
Letter to Shareholders
Issue 54: The Run And The Turn
March 2021
LHL Risk Report
Letter to Shareholders
Issue 53: Global Basic Materials
February 2021
LHL Risk Report
Letter to Shareholders
Issue 52: Premium Shopping Malls
January 2021
LHL Risk Report
Letter to Shareholders
Issue 51: 2021 Starts With Crypto
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