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Andvari Associates, an investment management firm, released its first quarter 2024 investor letter, a copy of which can be downloaded here. Andvari is slowly but steadily improving its performance after it declined in 2022. In the initial quarter of 2024, Andvari saw a 12.1% net of fees increase, while the SPDR S&P 500 ETF grew 13%. Take […]
The company is balancing high yields against declining smoking rates and diversification efforts
Stocks that work for billionaires aren't necessarily appropriate for every investor.