Illustrating Minot Light Capital Partners’ investment process: Stran & Company (SWAG) in focus
Minot Light Capital Partners, an investment management firm, released its investment letter for the third quarter of 2025. A copy of the letter can be downloaded here. In the quarter, Minot Light generated strong returns for limited partners, netting 7.6%. However, on a net basis, it underperformed benchmarks, particularly the microcap benchmark’s 17.1% return. Plus,…