Quarterly Letters to All Clients Each quarter I write a report ranging from two to ten pages to each client. The report has charts and comments regarding the client's investment performance for different time periods and for each current portfolio. The report includes an allocation summary and list of all positions by portfolio and strategy. While the brokerage statement is the official record, these reports give interpretation and performance. The reports are similar in format to the general all-clients report found here under Stock Performance and for some quarters below. Anonymous samples are available upon request. A general letter is often written each quarter for all clients regarding trends, perspectives or events. Sometimes these observations are incorporated in the all-accounts Performance Report. These are posted below. Sample Client Report.pdf Perf Sum 2023Q4.pdf Client Ltr 2023-Q3.pdf Perf Sum 2023Q3.pdf Client Ltr 2023-Q2.pdf Perf Sum 2023Q2.pdf Client Ltr 2023-Q1.pdf Perf Sum 2023Q1.pdf Client Ltr 2022-Q4 Corrected.pdf Perf Sum 2022Q4.pdf Client Ltr 2022-Q3.pdf Perf Sum 2022Q3.pdf Client Ltr 2022-Q2.pdf Perf Sum 2022Q2.pdf Client Ltr 2022-Q1.pdf Perf Sum 2022Q1.pdf Client Ltr 2021-Q4.pdf Perf Sum 2021Q4.pdf Perf Sum 2021Q3.pdf Client Ltr 2021-Q2.pdf Perf Sum 2021Q2.pdf Perf Sum 2021Q1.pdf Client Ltr 2020-Q4.pdf Perf Sum 2020Q4.pdf Perf Sum 2020Q3.pdf Client Ltr 2020-Q2.pdf Perf Sum 2020Q2.pdf Client Ltr 2020-Q1.pdf Perf Sum 2020Q1.pdf Client Ltr 2019-Q4.pdf Perf Sum 2019Q4.pdf Perf Sum 2019Q3.pdf Perf Sum 2019Q2.pdf Client Letter 2019-Q1.pdf Performance Summary 2019-Q1.pdf Client Letter 2018-Q2.pdf Client Letter 2018-Q1.pdf Client Letter 2017-Q4 in Performance Report.pdf Client Letter 2017-Q3.pdf Client Letter 2017-Q2.pdf Client Letter 2017-Q1.pdf Client Letter 2016-Q4.pdf Client Letter 2016-Q3 in Performance Report.pdf Client Letter 2016-Q2 in Performance Report.pdf Client Letter 2016-Q1 in Performance Report.pdf Client Letter 2015-Q4.pdf Client Letter 2015-Q3.pdf Client Letter 2015-Q2.pdf Client Letter 2015-Q1.pdf Client Letter 2014-Q4.pdf Client Letter 2014-Q3.pdf Client Letter 2014-Q2.pdf Client Letter 2014-Q1.pdf (Attachments found in Papers.) Client Letter 2013-Q4.pdf Client Letter 2013-Q3.pdf Client Letter 2013-Q2.pdf Client Letter 2013-Q1.pdf Quarterly ROI Variations by Client and Portfolio Variations 2013-Q1.pdf Client Letter 2012-Q4.pdf Client Letter 2012-Q3.pdf Client Letter 2012-Q2.pdf Client Letter 2012-Q1.pdf Client Letter 11-Q4.pdf Client Letter 11-Q3.pdf Client Letter 11-Q2.pdf Client Letter 11-Q1.pdf Client Letter 10-Q4.pdf Client Letter 10-Q3.pdf Client Letter 10-Q2.pdf Client Letter 10-Q1.pdf Client Letter 09-Q4.pdf Client Letter 09-Q4.pdf Client Letter 09-Q3.pdf Client Letter 09-Q2.pdf Client Letter 09-Q1.pdf Client Letter 08-Q4.pdf Client Letter 08-Q3.pdf Client Letter 08-Q2.pdf Client Letter 08-Q1.pdf Client Letter 07-Q4.pdf Client Letter 07-Q3.pdf Client Letter 07-Q2.pdf Client Letter 07-Q1.pdf Client Letter 06-Q4.pdf Client Letter 06-Q3.pdf Client Letter 06-Q2.pdf Client Letter 06-Q1.pdf Client Letter 05-Q4.pdf
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