Logos LP First Quarter

“Without frugality none can be rich, and with it very few would be poor.” – Samuel Johnson The following table represents Logos LP’s total return compared a basket of relevant indexes.  The price per unit as of March 31st, 2018 is $25.71 compared to $25.59 as of...

Old West Q1 2018 Investor Letter

Dear Investor, What a difference a quarter makes! In my year-end letter I bemoaned the fact that volatility had all but disappeared from the markets, and trillions had been invested in index funds with little regard to valuation. Much has changed in the first quarter...