News & Insights

Portfolio Manager Insights: The Nuances of Insurance Investing

Insights from Prospector Partners, Sub Advisor to the LS Opportunity Fund. Insurance is a distinctive product. The buyer (consumer or business) is paying premiums today to collect...

LSOFX Q2 2024 Shareholder Letter

Current Market Environment While too early to declare victory, the historically elusive "soft landing" is becoming the base case for investors. The U.S. economy continues to grow,...

The Compounding Advantage

The Compounding Advantage

The Compounding Advantage It’s noteworthy how many luminaries have invoked the mathematical concept of compounding through time. Investment legend Warren Buffett discovered the...

Digesting the Challenging Backdrop for Restaurant Fundamentals

Portfolio Manager Insights: Digesting the Challenging Backdrop for Restaurant Fundamentals

Insights from Prospector Partners, Sub Advisor to the LS Opportunity Fund. We have a long history of investing in restaurants. And, while we are always discerning in our approach,...

An All-Weather Equity Strategy

An All-Weather Equity Strategy The stock market has been on a tear recently, which makes this an opportune time to curb your enthusiasm, take a step back and consider whether your...

Without a Clear Victory Over Recession, Potential Pitfalls Remain

Portfolio Manager Insights: Without a Clear Victory Over Recession, Potential Pitfalls Remain

Insights from Prospector Partners, Sub Advisor to the LS Opportunity Fund. Between early 2022 and mid-2023, as the Federal Reserve aggressively raised interest rates in an effort...

Portfolio Manager Insights: Rising Interest Rates and their Ripple Effects

Insights from Prospector Partners, Sub Advisor to the LS Opportunity Fund. A question we’re often asked is how, given our consistent focus on the financial sector, we've...

A Golden Age for Investment in Alternatives

A Golden Age for Investment in Alternatives

A Golden Age for Investment in Alternatives It’s only April, yet many of the prognostications for 2024 by market strategists are already looking rather foolish. The economy is...

LSOFX Q1 2024 Shareholder Letter

Current Market Environment The first quarter of 2024 was marked by a continued pushing out of expectations for when, and by how much, the Federal Reserve would cut rates, as...

Is it Time for Value Stocks to Take the Stage?

Is it Time for Value Stocks to Take the Stage? Without question, the predominant market story of 2023 was the blistering rise of mega-cap technology stocks. The so-called...

LSOFX Quick Links


        Fact Sheet         

Presentation