
LongRun Quarterly Report - Q3 2024
It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Our investment philosophy is to act as long-term business owners by investing in a concentrated portfolio of high-quality companies.
In this edition of our Quarterly Letter, you will find valuable insights from the Manager on recent performance, and take an in-depth look at one of our long standing investments in the fund, L’Oréal.
Important information
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