Whitney Tilson Annual Shareholder Letter

famous value investors
click to enlarge

Whitney Tilson is the founder and Managing Partner of T2 Partners LLC and the Tilson Mutual Funds. The former (http://www.T2PartnersLLC.com) manages three value-oriented private investment partnerships, T2 Accredited Fund, Tilson Offshore Fund and T2 Qualified Fund, while the latter is comprised of two value-based mutual funds, Tilson Focus Fund and Tilson Dividend Fund (www.tilsonmutualfunds.com).

He is the author of More Mortgage Meltdown: 6 Ways to Profit in These Bad Timeswhich we reviewed here., and co-author of the best book on Charlie MungerPoor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger.

To see my lengthy interview with Whitney Tilson from earlier this year  click here.

Themes for the next decade: Cannabis, 5G, and EVs

CannabisA lot changes in 10 years, and many changes are expected by the time 2030 rolls around. Some key themes have already emerged, and we expect them to continue to impact investing decisions. At the recent Morningstar conference, several panelists joined a discussion about several major themes for the next decade, including cannabis, 5G and Read More

Below is Whitney Tilson’s T2 hedge fund annual letter. It contains a detailed analysis of his stock picks, the most famous being BP (disclosure I am long BP) which he bought at the height of the oil spill crisis. I actually got in the stock a few days before Tilson announced he was long the stock and have definately not regretted my decision.

Whitney Tilson T2 Accredited Fund Annual Letter-2010