After the Buffett letters, the next most respected in the industry could be Nick Sleep and Qais Zakaria and their Nomad Partnership. The Nomad Partnership operated from 2001 to 2014. In that time the partnership returned 921%, while the MSCI World Index returned 117%. Basically (before fees) they 10x investors money. They then decided to hang it up!

We find most investors haven’t heard of them or read their letters, so we thought we’d share a little bit about them and our favourite quotes from their letters in this episode.

Full set of letters:

Nick Sleep, Costco Thesis (2004):

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The Nomad Partnership Letters: Two of the greatest investors you’ve never heard of

Equity Mates Investing Podcast

The Nomad Partnership Letters: Two of the greatest investors you’ve never heard of