Lessons from Nomad Investment Partnership Letters — Part 1
Nicholas Sleep (Nick) and Qais Zakaria (Zak) don’t have the same name recognition as investors like Bill Miller, Charlie Munger, or Warren Buffet. That’s a shame. The duo ran Nomad Investment Partnership, generating annualized returns of over 20% between September 2001 and December 2013. Over the same period, the MSCI World Index returned 6.5% annually.