Peterson Investment Fund I Q1 2024 Letter

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HFA Staff
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Peterson Investment Fund I letter to investors for the first quarter ended March 31, 2024.

“The four most dangerous words in investing are: 'this time it's different'.”

- Sir John Templeton

1) Performance and Overview

In the opening quarter of 2024, Peterson Investment Fund I (PIFI) continued to demonstrate robust gains, posting an impressive return of 6.83%, net of all fees and expenses. While the S&P 500 showed a higher uptick of 10.56%, this was predominantly fueled by the significant rise of a select few heavily weighted securities. Our strategic focus remains on ownership of the world’s leading...

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.