JustValue

Share this post

User's avatar
JustValue
Interesting Reading #1

Interesting Reading #1

Just Value's avatar
Just Value
May 04, 2024
∙ Paid
3

Share this post

User's avatar
JustValue
Interesting Reading #1
1
Share

While this substack will continue to be mainly focused on investment thesis and business model analysis, I’m starting a series of articles in order to gather thought-provoking articles, letters and reports (generally about investing) that caught my attention and that could be interesting for other investors.

These are some of the pieces that I have found interesting in the last weeks:

Turtle Creek 2023 Letter to Unitholders

Turtle Creek is a Canadian asset management firm that makes available one of the most interesting investor letters, always full of insights about the way they manage their portfolios.

In their last annual letter they provide a great explanation about how ‘inefficient’ the stock market is in the short term and how they take advantage through “time arbitrage“. In other words, how speculation works in their favor, making prices often be disconnected from fundamentals, and how investors can take advantage with a longer term view.

LINK HERE: Turtle Creek 2023 Letter to Unith…

Keep reading with a 7-day free trial

Subscribe to JustValue to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Just Value
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share