Letters and notes from KB Capital.
My thoughts on the Magnificent Seven
For the better part of two decades, owning the largest technology companies in America, overconcentrating in them, and sipping margs on the beach was a winning investment strategy. The Magnificent Seven enjoyed some of the most wonderful moats in the history of capitalism…
Read the letter →Overall Thoughts on the Market
As I write this letter, the major U.S. indices are hitting new records. Every time this happens, pundits call the top, as though what goes up must come down in markets. I am here to say that now, as it always is, timing…
Read the letter →