As we know, taxes play a meaningful role in the success of an investment program. In this letter, we discuss this topic in greater detail and provide some insight into our tax mitigation strategies (or lack thereof).
As we know, taxes play a meaningful role in the success of an investment program. In this letter, we discuss this topic in greater detail and provide some insight into our tax mitigation strategies (or lack thereof).
Before we can find great investments, we must understand what makes a wonderful business wonderful.
At the start of one of the greatest crises our country has ever faced, markets were plummeting with no end in sight. The panic was palpable on Wall Street and across the business community in the United States. Under those circumstances, BlackBird found several fantastic investment opportunities, and in this letter we urged our Limited Partners to invest any excess capital they had available.