Paul J. Isaac’s Arbiter Partners returned -19.3% in the third quarter of 2021, according to a copy of the hedge fund’s quarterly investor correspondence, which ValueWalk has been able to review. Following this performance, the fund’s return sits at -1.6% for the year to the end of September. In comparison, the S&P 500 returned 15.9%, and the Russell 2000 value index added 22.9%. Over the long term, the fund’s performance is far better. Every dollar invested at inception in April 2001 is worth $9.09 today, a compound annual growth rate of 11.7% after fees. A similar investment in the S&P…
Arbiter Partners Slumps -19.3% As Top Holding Crashes
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