What a year! The “tariff tantrum, ” back in April 2025, when markets dropped close to 20%, now seems like a distant memory. Overall, we had a good batting average this year where, with the exception ...

We had another solid quarter, helped by favorable market conditions. Gold and silver royalty names in the portfolio performed very well thanks to the recent strength in metal prices. Our core ...

White Falcon Capital Management, an investment fund manager, released its fourth-quarter 2025 investor letter. The White Falcon portfolio returned 5.6% (net of fees) in Q4 2025, resulting in a yearly ...

White Falcon Capital Management, an investment fund manager, released its fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. The White Falcon portfolio returned 5.6% ...