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Quarterly Letter

First Quarter 2018 Investors Letter

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Davide Accomazzo
02 April 2018

“Fragility is the quality of things that are vulnerable to volatility.”

Nassim Nicholas Taleb

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Fourth Quarter 2017 Investors Letter

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Davide Accomazzo
03 January 2018

“For last year’s words belong to last year’s language and next year’s words await another voice. And to make an end is to make a beginning.”

T.S. Eliot

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Third Quarter 2017 Investors Letter

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Davide Accomazzo
28 September 2017

“The two most powerful warriors are patience and time.”

Leo Tolstoy

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Second Quarter 2017 Investors Letter

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Davide Accomazzo
13 July 2017

“It is easier to forgive an enemy than to forgive a friend.”

William Blake

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