Rowan Street commentary for the year ended December 31, 2021. Q4 2021 hedge fund letters, conferences and more “Nobody buys a farm based on whether they think its going to rain next year. They buy because they think its a good investment over 10 or 15 years. It’s the same with stocks. Think of stocks as a part ownership of a business. It’s not that complicated.” – Warren Buffett Dear Partners, I think we can all agree that since the pandemic started in the beginning of 2020, it has been a very challenging operating environment for most businesses, and the stock market has had a very difficult …