Volume 48 July 2019

8 ROE REPORTER | DKAM Final Thoughts As we enter the second half of 2019, we know that there will be some volatility ahead but we’re confident in our strategy of owning compounders and focusing on long-term returns. This being the case, we’re excited to be putting money to work in this environment. As always, we would like to thank the entire Donville Kent family, including all of our investors and employees. If you would ever like to discuss any investment related topics, always feel free to reach out. J.P. Donville & Jesse Gamble info@donvillekent.com