The letters, interviews and case studies highlight new holdings as well as key drivers of the portfolio returns. They offer a real-time view into our investment philosophy in action and provide the best way to learn about our investment approach. Please read on to learn more.

Investor Letters

News, Interviews, and Case Studies

Q3 Investor Letter Capture
2018 Q3 CEF Investor Letter

2018 Q2 Investor LetterĀ 

Lawson
4Q 2017 LAWS_Investment Thesis

Triangle Business Journal 40 under 40 2018 Mitchell Scott
Mitchell Scott named to Triangle Business Journal 40 under 40
2018 Q1 CEF Investor Letter
2018 Q1 CEF Investor Letter
Choice Equities featured in Q2 2018 Hidden Value Stocks
2017 Q4 CEF Investor Letter
2017 Q4 CEF Investor Letter
2016 Q4 Site Case Study
2016 Q4 Site Case Study
2017 Q3 CEF Investor Letter
2017 Q3 CEF Investor Letter
2016 Q3 Building Products Distributor Commentary
2016 Q3 Building Products Distributor Commentary
2017 Q2 CEF Investor Letter
2017 Q2 CEF Investor Letter
2017 Q1 CEF Investor Letter
2017 Q1 CEF Investor Letter
2016 Q4 CEF Investor Letter
2016 Q4 CEF Investor Letter