Meredith's portfolio trading at 12x earnings at the end of Q1 2025 (up from 10x at end of 2024) has generated 42% returns in 2024 and was up 12-13% in the first two months of 2025, then lost money for three weeks straight in late February, and recovered to be up 6-8% by the time of this recording, while the market experienced the same drawdown but has recovered to be up only 4-5% for the year.
factualpending
Speaker
Chris MeredithEvidence Quote
“at the end of 2024, uh we were 10 times earnings and we made 42% last year return... the first 2 months of the year, February 20th, we were up 12 or 13%... we're now up six or seven or eight percent, but the market... it's up four or five”
Source
We Asked Chris Bloomstran Why He Won’t Own the S&P 500 At These Levels — And What He Does Instead— Excess ReturnsCreated: 8/12/2026, 6:13:17 PM
My Notes
Loading notes...