It goes without saying that a lot’s happened these last few months. Markets are volatile machines. COVID-19 rears its ugly head in the US. There’s a lot to worry about. First and foremost, I hope this letter finds you healthy and safe. If anything, this lockdown has shown us what really matters: family, faith (if … Continue reading Q1 2020 Letter
Category: Quarterly Letters
Consolidated view of all Quarterly Letters
Q3 2019 Letters
The Fund returned -7.60% for the third quarter 2019. This compares to returns of 1.73% for the S&P and 0.77% for the Russell 2000. While underperformance is never fun, it is a requirement if we want to generate outsized (and differentiated) returns over the standard benchmarks. The price paid for long-term outperformance will be short-term … Continue reading Q3 2019 Letters
2Q 2019 Letter
The Rockvue Capital paper fund returned 6.08% during the 2Q 2019, outpacing the S&P 500 by over 300bps. Year to date, the Fund has returned 22.70% compared to the S&P 500 return of 16.54%. I stress that any short-term performance be taken with a grain of salt, as the Fund should stand on its five-year … Continue reading 2Q 2019 Letter
1Q 2019 Investors Letter
1Q 2019 Rockvue Capital (The Fund's Name) 16.62% S&P 500 13.53% Russell 2000 14.64% Rockvue Capital vs. S&P 3.09% Rockvue Capital vs. Russell 2000 1.98% The Fund’s performance exceeded the S&P and Russell 2000 return during the 1st quarter of 2019. Since launching in 1Q 2018, the (paper) Fund has returned 18.82% compared to the … Continue reading 1Q 2019 Investors Letter
2018 Annual Investors Letter
1Q 2018 2Q 2018 3Q 2018 4Q 2018 YTD Rockvue Capital 6.70% 0.40% 2.66% -7.56% 2.20% S&P 500 -1.22% 2.93% 7.20% -13.77% -4.86% Russell 2000 -2.05% 7.43% 3.26% -19.39% -10.75% RC vs. S&P 7.92% -2.53% -4.54% 6.21% 7.06% RC vs. Russell 8.75% -7.03% -0.60% 11.83% 12.95% Dear Readers, The Inaugural year is in … Continue reading 2018 Annual Investors Letter
Q3 2018 Letter
1Q 2018 2Q 2018 3Q 2018 YTD Rockvue Capital 6.70% 0.40% 2.66% 9.76% S&P 500 -1.22% 2.93% 7.20% 8.91% Russel 2000 -2.05% 7.43% 3.26% 8.64% RC vs. S&P 8.25% -2.53% -4.54% 0.85% RC vs. Russel 9.08% -7.03% -0.60% 1.12% "To Improve is to change, so to be perfect is to have changed often." - Winston … Continue reading Q3 2018 Letter
2Q 2018 Investors Letter
Another quarter in the books, which marks two quarters now that I've been updating this blog. That feels good. I know that on average 3 people a week read my content, but I don't really care. I am creating a database of information for those interested to go back and look, find out where I … Continue reading 2Q 2018 Investors Letter
1Q 2018 Performance Letter
Since the Markets are closed on Good Friday, I will take this time to send out my Q1 2018 Letter. I will go over the returns for both the Voyager Fund and the SteadFast Fund for the most recent quarter. I also want to start a tradition of putting a quote that I find meaningful … Continue reading 1Q 2018 Performance Letter
The Market Plunger 