Laughing Water Capital 2Q 2017 Investor Letter

Laughing Water Capital just published its second quarter 2017 investor letter.

The letter discusses several small cap holdings: EZ Corp (EZPW), Gaia (GAIA), Iteris (ITI), Now Inc (DNOW),  and Revlon (REV).

In addition, the letter outlines the thesis for the new investment in Points International (PCOM), a Canadian consumer loyalty company.

 

You can find the full letter here:

Laughing Water Capital 2Q 2017 Investor Letter

 

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