Prime 2021 Year End Shareholder Letter

Thu, Oct 19 2023

Written by Pouya Yadegar

Dear Prime Friends and Investors,

Summary

Dear Investors,

Over the past eighty years, no form of wealth creation has been as robust and fertile as investing in publicly traded companies. Investors have made over $47 trillion in the US market alone. We love the market, and for good reason. The stock market—and all its craziness—has been our favorite place to grow our assets.

But here’s the point we love to stress: it’s not in spite of its craziness but rather because of it that we love the market. In the market’s craziness lie long-term opportunities.

If you can approach the investment process with patience, we believe there is no better opportunity to create long-term wealth than in the equities market.