The partnership returned 35.8% for the year ended December 31st, 2023. This year’s result has been mainly driven by KSPI and META, as well as WOSG toward the end of the year. I wrote last year that I hope to “fill” the holdings of the partnership within two to three years (i.e. be fully invested in the way I want to be). I end the year, however, with a sizable cash position of ~45% and few ideas I find attractive.
Another illustration of your remarkable clarity of thought and explanation.
Thank you for the unexpected kind mention. The sentiment is mutual and it's a treat to follow and learn alongside of you.
If anyone hasn't read Ilya's WOSG write-up, you've missing out on a master class of how to qualitatively analyse a business (not to mention a wonderful opportunity following the Rolex/Bucherer announcement).
Looking forward to more updates, learnings and success on the long run ahead...!
Thank you for the story Ilya and I am very happy for your result in 2023 but even more that you come to realize your preferred way of approaching investments. Hope to hear more from you in the coming years!
Congratulations Ilya!
Another illustration of your remarkable clarity of thought and explanation.
Thank you for the unexpected kind mention. The sentiment is mutual and it's a treat to follow and learn alongside of you.
If anyone hasn't read Ilya's WOSG write-up, you've missing out on a master class of how to qualitatively analyse a business (not to mention a wonderful opportunity following the Rolex/Bucherer announcement).
Looking forward to more updates, learnings and success on the long run ahead...!
Thank you for the story Ilya and I am very happy for your result in 2023 but even more that you come to realize your preferred way of approaching investments. Hope to hear more from you in the coming years!
Congratulations! Well done and thank you.