Bonhoeffer Fund 4Q19 Commentary – Case Study: This TV CompanyJacob Wolinsky
Bonhoeffer Fund commentary for the fourth quarter ended December 31, 2019.
The Bonhoeffer Fund returned 5.3% net of fees in the fourth quarter of 2019, compared to 3.2% for the MSCI World ex-US, an international benchmark. Our 2019 return was 7.1% net of fees. As of December 31st, our securities have an average earnings/free cash . . .
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