About

I'm Ezra. I write Ezra's Notes, a newsletter on value investing. Fund letters are one of the best free sources in this business, and they're scattered across dozens of websites. So I put the ones I read in one place.

The list of managers and the comments are mine. Once a week a small script visits each manager's letters page and adds anything new. It never copies or re-hosts a letter. Links go to the manager's own site. When a firm no longer hosts an old letter, I link to a public copy and mark it. Letters meant only for a fund's investors stay out.

It's free and it stays free. No account, no email gate, no paywall. Most sites that collect fund letters ask you to sign up or pay first. I'd rather you spend that minute reading.

Looking for a letter?

If there's a letter or a manager you'd like to see here, write to me at letters [at] ezrasnotes [dot] com. If it's published openly, I'll add it.

For fund managers

Want your letters listed? Send me the link to the page where you publish them at letters [at] ezrasnotes [dot] com.

The script identifies itself as EzrasNotesLettersBot, follows your robots.txt and loads your letters page once a week. If you'd like your letters removed or linked differently, write to the same address and I'll fix it.

Stay in the loop

New letters show up in the RSS feed. My notes on them go to subscribers of Ezra's Notes.