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Quarterly Letter

First Quarter 2017 Investors Letter

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Davide Accomazzo
31 March 2017

“I guess I should warn you, if I turn out to be particularly clear, you have probably misunderstood what I have said.”

Alan Greenspan

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Fourth Quarter 2016 Investors Letter

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Davide Accomazzo
02 January 2017

“There is no such thing as a free lunch.”

Milton Friedman

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Third Quarter 2016 Investors Letter

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Davide Accomazzo
27 September 2016

“A human being is not attaining his full heights until he is educated.”

Horace Mann

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Second Quarter 2016 Investors Letter

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Davide Accomazzo
04 July 2016

“What doesn’t kill you, makes you stronger.”

Friedrich Nietzsche

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