Argosy Investors 2Q21 Commentary
Argosy Investors commentary for the second quarter ended June 30, 2021. Q2 2021 hedge fund letters, conferences and more Dear Investors, Year-to-date 2021 performance was 16.5% in select accounts. The S&P 500 by comparison returned 15.3%. I am thankful for our good fortune so far this year, but I remain surprised that the portfolio did not take a breather (giving us an opportunity to add to some of our favorite holdings). I try to focus on the businesses we own, but feel a responsibility to share some thoughts on current events and their potential impact on the portfolio. Inflation is the topi...