Stanphyl Capital’s commentary for the month ended December 31, 2023. Friends and Fellow Investors: For December 2023 the fund was down approximately 8.5% net of all fees and expenses. By way of comparison, the S&P 500 was up 4.5% and the Russell 2000 was up 12.2%. For the full year 2023 the fund was down approximately 26.2% net. By way of comparison, the S&P 500 was up 26.3% and the Russell 2000 was up 16.9%. Since inception on June 1, 2011 the fund is up approximately 121.2% net while the S&P 500 is up 353.0% and the Russell 2000 is…
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- Meanwhile, here is Tesla's competition in cars (note: these links are updated regularly)…
- And in China...
- Here's Tesla's competition in autonomous driving; the independents all have deals with major OEMs…
- Here's where Tesla's competition will get its battery cells…
- And here's Tesla's competition in storage batteries…
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