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February 9, 2026
Perfect 10 Investor Letter for January
January performance ↓3.04%, net return since inception ↓2.94%
Key points for January
- The fund returned ↓3.04% in January
- Key events included the precious metals correction and the nomination of Kevin Warsh as the next Fed Chair
- 1H26 may surprise to the upside on global growth, increasing the likelihood of a repricing in rate expectations
See the investor letter for more details.
