Investor Letters
Annual letters detailing our investment performance, philosophy, and market insights
2024 Annual Letter
Our inaugural annual letter details the Partnership's 20.5% return in 2024, investment philosophy, and outlook for future opportunities.
Key Topics Covered:
- Investment Performance Analysis
- Portfolio Holdings Discussion
- Market Outlook & Strategy
- Partnership Structure
Letter Highlights
Key insights and excerpts from our 2024 annual letter
Performance
"The Partnership achieved a net return of 20.5% in CAD terms. While we underperformed the broader market this year, we maintain strong conviction that our disciplined approach will deliver superior long-term returns."
Philosophy
"We continue to follow the time-tested principles of value investing, seeking to purchase exceptional businesses at attractive prices."
Outlook
"While markets remain elevated, we remain patient and disciplined, ready to deploy capital when attractive opportunities present themselves."
Stay Informed
Subscribe to our newsletter for regular investment insights, market analysis, and updates on our investment process.
Newsletter Benefits
- Regular market commentary and analysis
- Investment process insights
- Educational content on value investing
- Early access to partnership updates
Letter Archive
All annual letters from 18 Degree Partnership
| Year | Performance | Published | Action |
|---|---|---|---|
|
2024 Annual Letter
Inaugural Year
|
+20.5% CAD | January 2025 | Read |
| Future annual letters will appear here | |||
Stay Updated with Our Investor Letters
Follow our newsletter for timely updates and insights beyond the annual letters
Newsletter Access Instructions
Newsletter Content
Clicking the newsletter button will show viewing conditions and download requirements for reports and commentary.
Letter Access
To access the investor letters page, you must first accept the disclaimer conditions on the letters page.