The Choice Equities Fund added 2.3% net in the fourth quarter, bringing the total return for 2021 to 36.9%, outperforming the Russell 2000 by 14.8%. Q4 2021 hedge fund letters, conferences and more Writing in his year-end letter to investors, portfolio manager Mitchell Scott notes that 2021 marked the 5th birthday of the fund. Since its inception, it has returned 27.9% annualized compared to just 12% for the Russell 2000 and 18.5% for the S&P 500. Scott featured in the January 2022 issue of Value Investor Insight where he describes his investing process and how he uses the mindset of…
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