BILBEL CAPITAL

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* Returns were independently verified by The Spaulding Group.Net returns are shown after a 1% annual management fee and a 25% performance fee on gains above 6% per year.

2025 Annual Letter

NEWComing Soon
Coming Soon
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2025 Semi-Annual Letter

August 2025

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2024 Annual Letter

February 2025

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2024 Semi-Annual Letter

August 2024

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2023 Annual Letter

February 2024

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2023 Semi-Annual Letter

August 2023

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2022 Annual Letter

February 2023

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2022 Semi-Annual Letter

August 2022