Teton Capital: Hurt By Bizarro World Stock Short
Rupert Hargreaves2017-10-23T09:48:28-04:00
2016 was a bad year for Teton Capital Partners. For the year, the fund, which has earned a reputation for making winning bets on suspect Chinese companies, produced a net return for investors of only 3.8% -- it's third-worst performance since inception.
Unfortunately, this year isn't shaping up to be much better. According to the fund's third-quarter letter to investors, a copy of which has been reviewed by ValueWalk, year-to-date Teton Capital Partners is up only 2.6% to the end of September.
Author
Rupert Hargreaves
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Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway.
Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK.
Rupert covers everything value investing for ValueWalk