J.S. ParkPartnership
A partnership for those who know the difference between price and value.
Partners: full
As of Q4 2026As of Q4 2026
S&P 500 total return+0.0%
Difference+0.0%
The record, open.
Equities, and cash and equivalents, with the holdings under each. Rest on one.
HoldingsAs of Q4 2026
Rest on a category.
The score by quarter, with the statement behind each one. Pick a year.
The scoreUS dollars
Three books. Cash and equivalents are not a book; they have no floor, and they appear only under Holdings. Rest on one.
- GeneralsMost of it
- WorkoutsCapped
- ControlsCapped
How it's runShare of invested capital
The first letter
Letter to Partners, No. 1Follows the close of Q4 2026.
The letter, by email
Sent to readers before it is public.