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Bonside’s RRA Delivers Uncorrelated Returns
The Market
This year, traditional equity investments have seen significant losses in value.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/b4ce1bc8-445e-4b68-9cfd-e53eab0e029a/image.png)
Interest rate hikes, valuation corrections in the tech sector, and other macroeconomic factors have pushed stock prices and portfolio values down over 20% from January 1.
Bonside’s RRA
But for Bonside investors, returns are purely dependent on a business’ revenues.
Our businesses continue to generate revenue, uncorrelated with the majority of factors that impact stock prices on a given day.
Year to date, the sales of Bonside’s businesses are up over 20%, meaning greater returns for investors than in public equities.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/339f7b76-7dfc-4ed9-9e44-5bc907ab0108/image.png)
Corporate valuations, interest rate hikes, and other unpredictable factors aren’t impacting the sales of our businesses. If the pandemic proved anything, it’s the consistency of bricks-and-mortar businesses within their communities.