RV Capital's Letter to Co-Investors for the First Half of 2022

RV Capital's first half letter for 2022 contains discussions of: Organisational changes at RV Capital; How I have dealt with the drawdown; Surging inflation; Rising interest rates and their implication for investing in long-duration cash flows; The fund’s exposure to tech stocks; War in Ukraine; and Taiwan and its implication for investing in Chinese companies And the development of our largest investments