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Quarterly letter
Sam Hollanders

Q2 2026: We are different

Dear partner, During our physical annual meeting on Thursday, June 4 in Mechelen, it was particularly nice to meet many partners in person. It was

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Quarterly letter
Sam Hollanders

A Look Back at 2025

2025—what a year that was. It was the year Chess Capital transformed into a better version of itself. The year we took the relationships we’ve

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Quarterly letter
Sam Hollanders

Q3 2025: We are prepared

Dear partner, In our last quarterly letter, we suggested that the summer might be quite volatile, mainly because trading volumes tend to be lower due

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Quarterly letter
Sam Hollanders

Q1 2025: Grow and Evolve

Dear partner, You’ve no doubt read plenty about the wild swings the stock market has taken in recent weeks—and the causes behind them. Don’t ask

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Quarterly letter
Sam Hollanders

Q3 2024: Magnificent results

Dear partner, At Chess Capital, we invest in companies, not “the stock market.” However, this does not mean that it is illogical to compare our

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Quarterly letter
Sam Hollanders

H1 2024: The price of growth

Dear partner, Paul Johnson, professor at Columbia Business School and Director of the Gabelli Center for Global Security Analysis, inspired us with his presentation in

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Quarterly letter
Sam Hollanders

Q1 2024: Optimism

Dear partner, With the discussion of the results of eight of our top ten companies, this quarterly report is already quite extensive. Therefore, we will

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