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Buying a dollar for 50 cents; Focus on returns, not volatility

Via Pope Brar

For Q4 2013, Brar Investment Fund LP appreciated 6.2% net of fees. Cash represents nearly 19% of our portfolio.


Topics
*   Our performance
*   Portfolio discussion
*   Focus on returns, not volatility
*   Buying a dollar for 50 cents

The highlight of the quarter was delivering respectable gains to our investors, while holding a large amount of cash for potential opportunities. Since we purchase investments on very . . .

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