Notes on Quarterly Reports.

In this document you’ll find a list of >70 Asset Managers who release their Quarterly/Semi Annual/Annual reports publicly. Every quarter I read them in order to make notes on the most important things:

· What happened in markets during a quarter;

· Why asset manager bought, sold, added or trimmed certain positions;

· What were the biggest contributors & detractors to funds’ performance during analyzed period;

· Notes on investment strategy & philosophy, historical facts, investment quotes, central banks’ policy interpretations and other information I find useful.

Document is being constantly updated.

Reading Q reports is a great way to gain better understanding about investing, stocks and financial markets. I would strongly suggest to review initially Harding Loevner, Martin Capital Advisors, Ruffer Capital, Longleaf Partners Fund and Tweedy Browne notes that are going back to 1990’s. That will provide you a great perspective on how markets changed during last 30 years. You’ll be amazed.

Notes on Quarterly Reports:

https://docs.google.com/spreadsheets/d/1X9Jxdct31SGQyacGkZL4KK8FXL774AfnKJzH3_V99ZI/edit?usp=sharing

Previously shared Global Stock Market Watchlist:

https://docs.google.com/spreadsheets/d/14Vqi0M2H8rHEOryYH6UviuqoPcCB7Fe_8P95CAXaYwQ/edit?usp=sharing