40 Years Of Market Beating Returns: Secrets to Tom Russo’s Decades-Long Success Part 1: 1993-2016

Over the last 40+ years, Tom Russo of Semper Vic has beaten the market significantly, but what are the secrets to his success? We've reviewed some of his letters dating back to 1993 to look at some of his biggest wins over the decades — and uncover some key tenets of his long-term success.

This piece is part one of a very in-depth walkthrough of some of Russo's letters over the years. You'll find part two here (The Pandemic Era), part three here, and part four here (Lessons from Tom Russo).

Tom Russo’s 1993 letter: buying and holding

In 1993, Semper Vic Partners...