Subject: Re: Bloomstran annual letter is out
In his letter he claims 9.8 cagr over the 27 years in business, vs 8.5% for the SP500.

That's a meaningful advantage, especially if it's after fees and expenses. Good for him. As a money management business, it has been very hard to beat the S&P 500 in the last 15-or-so years.

Jim