2021 Annual Letter

In 2022, we added only one new name to our investment portfolio, demonstrating yet again that in the field of investment, less is more.

2020 Annual Letter

2020 was a tale of two years. It brought both enormous destruction and major advancement. Within the chaos, we followed our strategy to achieve extraordinary results for our Limited Partners.

2019 Annual Letter

2019 brought tremendous changes to BlackBird. The specifics are detailed in this Annual Letter.