EPC's Fall 2024 Investor Letter
Every six months we write a letter to our investors to explain what we own and why we own it. Our letters cover our business’s competitive positions, KPIs, capital allocation, forward returns, and material business updates. We also explain any portfolio activity and the reasons for it.
In an effort to encourage longer-term thinking, we purposely do not write quarterly letters or abide by Wall Street’s typical reporting cadence. For the same reason, our letters focus on bottom-up business fundamentals rather than macroeconomics and stock price volatility. Our goal is to think and act like long-term business owners.
Clients receive our letters on or around April 1st and October 1st each year. Premium subscribers receive full access to our letters on a 45-day lag.
Above all, we aim to provide our clients, and now our premium subscribers, the information we would want if our positions were reversed.
Thank you for reading and for your support. Please don’t hesitate to reach out with any questions or comments!
EPC offers separately managed accounts, low minimums, and accepts most account types (including IRAs and 401k rollovers). Qualified Clients can elect a zero management fee structure inspired by the Buffett Partnership. EPC’s clients get complementary access to our premium Substack. To learn more please email info@eaglepointcap.com.
Disclosure: The author, Eagle Point Capital, or their affiliates may own the securities discussed. This blog is for informational purposes only. Nothing should be construed as investment advice. Please read our Terms and Conditions for further details.