Q2 2022 Investor Audibles: Maran Capital, 1 Main Capital, Steel City LP, and Bonsai Partners

<p>This week we're continuing our Investor Audibles series with three Q1 2022 letters from the following investors/funds:</p> <ul> <li><a href="https://mcusercontent.com/4522df4fcbfa5be002117f260/files/a7a7222d-827c-7c8a-dcf6-00c408215e6c/Maran_Partners_Fund_LP_2022_2Q_Letter.pdf" target="_blank">Maran Capital</a>&nbsp;(03:00 - 16:13)</li> <li><a href="https://static1.squarespace.com/static/5e03bb9dcc191357f10902ad/t/62e2e2f20516c810ef10968d/1659036402933/Q2%2722+letter.pdf" target="_blank">1 Main Capital&nbsp;</a>(16:14 - 27:40)</li> <li><a href="https://mcusercontent.com/5a9b922c73b7d108f230f1403/files/8ad6aa59-a7ab-2ada-d10c-d6a911285822/Steel_City_Capital_2Q_22_Partner_Letter.01.pdf" target="_blank">Steel City LP </a>(27:41 - 43:06)</li> <li><a href="https://static1.squarespace.com/static/5e4c4dc89e166529a9918439/t/62f449c44ff2ac1a47ebbec8/1660176836873/Bonsai+Partners+Fund+Q2+2022+Investor+Letter+Final+For+Distribution.pdf" target="_blank">Bonsai Partners</a> (43:07 - 62:10)</li> </ul> <p>Please let me know what other letters you'd want to hear on future Investor Audible series episodes!</p> <p>Finally, a big thanks to the following sponsors for making the podcast a reality.</p> <p><strong>Mitimco</strong></p> <p>This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. To help the emerging manager community more broadly, they created&nbsp;<a href="https://emergingmanagers.org/" rel="ugc noopener noreferrer" target="_blank">emergingmanagers.org</a>, a website for emerging manager stockpickers.</p> <p>For those looking to start a stock-picking fund or just looking to learn about how others have done it, I highly recommend the site. You'll find essays and interviews by successful emerging managers, service providers used by MIT's own managers, essays MITIMCo has written for emerging managers and