News & Insights

Portfolio Manager Insights: How Can Volatility Be an Opportunity for Investors?

Insights from Prospector Partners, Sub Advisor to the LS Opportunity Fund. For many investors, the word “volatility” conjures images of whipsawing markets, plummeting portfolios,...

Questions We Ask Before We Invest 2025

Successful investing doesn’t have to mimic rocket science. Warren Buffett breaks it down well in his first two rules of investing:

Goodbye 60/40, Hello 50/30/20

Four months into 2025, financial markets and the economy continue to struggle with policy uncertainty emanating from Washington, D.C., particularly around the Trump...

Portfolio Manager Insights: Buffett's Massive Cash Hoard

Insights from Prospector Partners, Sub Advisor to the LS Opportunity Fund. For years, we have read numerous articles and seen countless television commentators refer to Berkshire...

The Next Decade

The investment landscape is shifting. In the decade leading up to COVID-19, the environment was characterized by low interest rates, easy money, and rapid growth in a handful of...

LSOFX Q1 2025 Shareholder Letter

Current Market Environment "Elections have consequences.“ This axiom has never rung truer on Wall Street than it has in recent months. Indeed, we can't remember a time in our...

Resolve to Increase Savings Through Tax-Efficient Investing

When people think about tax efficiency, they often focus on traditional strategies like maximizing tax-deferred accounts or harvesting losses at year-end. But tax efficiency isn’t...

Why Long/Short Now?

The Risks of a Long-Only Portfolio As equity indexes again reach new highs, it’s a felicitous time for investors to take a step back and consider whether they are exposed to...

LSOFX Q4 2024 Shareholder Letter

Current Market Environment The most consequential event of the fourth quarter was, undoubtedly, the U.S. presidential election, which saw a return to the White House for Donald...

The Good, The Bad, and Hedge Funds

Breaking Down Hedge Funds The term “hedge fund” has a host of connotations, some of them good and some bad. Certain prominent hedge funds and their managers have pioneered some...

LSOFX Quick Links


        Fact Sheet         

Presentation