Khrom Capital Returns 30% While Holding 43% Cash Reserve [UPDATED]

Check out how this value hedge fund (Khrom Capital) is doing (and no this is not a one time feat, but more like an average year) presented without further commentary.

UPDATED: PDF now working in scribd

Khrom Capital letter to shareholders brought to you by ValueWalk

Michael Mauboussin: Here’s what active managers can do

michael mauboussin, Credit Suisse, valuation and portfolio positioning, capital markets theory, competitive strategy analysis, decision making, skill versus luck, value investing, Legg Mason, The Success Equation, Think Twice: Harnessing the Power of Counterintuition, analysts, behavioral finance, More Than You Know: Finding Financial Wisdom in Unconventional Places, academics , valuewalkThe debate over active versus passive management continues as trends show the ongoing shift from active into passive funds. Q2 2020 hedge fund letters, conferences and more At the Morningstar Investment Conference, Michael Mauboussin of Counterpoint Global argued that the rise of index funds has made it more difficult to be an active manager. Drawing Read More

See Q1 letter here

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