The Q1 2021 factsheet for Business Owner TGV. Q1 2021 hedge fund letters, conferences and more As of 31 March 2021, the NAV was €915.10, implying a gain of 4.9% since the start of the year. Since its inception in September 2008, the fund has compounded at 19.4% p.a. after fees. Investment Philosophy The name – Business Owner – reflects the philosophy of investing like an owner in businesses run by an engaged and rational owner with the capital of investors who think like an owner. The business owner philosophy is long term and contrarian. The aim is to profit…
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