Khrom Capital on Investing Versus Trading

Attached, please find a copy of Khrom Capital's quarterly letter.

In the first quarter ending March 31st, 2013, the fund returned 30.4% gross, or 23.0% net of fees and expenses. Below are the net annualized returns of the fund over different time periods.

NET Annualized Returns:Last 12 months:                     50.9%
Last 3 years:                           30.5%
Since inception (March 2008): 23.3%

We ended the quarter with 64% of the fund’s assets in cash–a historical high for us. This balance may soon shift. We are investigating new opportunities, which we cannot yet disclose. Hence, this . . .

SORRY!

This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible


Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers


0