August 2022 Investor Letter

August 2022 Investor Letter

August 2022 Investor Letter The second quarter of 2022 continued its downward trend as the Dow and S&P 500 closed down 11.3% and 16.1% respectively, and the Nasdaq lost 22.3%1. This was the Dow’s and S&P’s 500 worst quarter since the first quarter of 2020 when...