Allan Mecham Unloads Berkshire; Bets On OuterwallMichelle Jones
Allan Mecham's Arlington Value Capital had an incredible 2014, with its AVM Ranger fund gaining 31.8% in the year compared to the S&P 500's 13.7% gain. In the firm's latest letter to investors, Mecham said that over the last six-and-a-half years, Arlington has compounded 37.9% per annum, compared to the S&P 500's 9.9%.
He also provided an update on some of the firm's most important positions throughout 2014.
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 email@example.com and we will get back to you as quick as humanly possible