Worm Capital 3Q22 Commentary

Worm Capital’s commentary for the third quarter ended September 30, 2022. Q3 2022 hedge fund letters, conferences and more Dear Partners,   Our investment philosophy is predicated on the belief that we’re living through a  prolonged period of enormous change. These upheavals—from the technological to the industrial, to the monetary—will create remarkable opportunities (and risks) for investors.  As we’ve said before, we believe it’s a Cambrian environment.   Please see below for results since inception:  Long/Short Equity Growth Strategy Net Performance  September  YTD  1 Year  2 Year  3 Year  Inception* Strategy  -6.63%  -53.13%  -40.42%  -18.52%  46.39%  20.00% S&P 500 TR  -9.21 % …