Hedge funds are bleeding red ink, but there is one firm that continues to hold its head above water.
Old West Investment Management, which offers both separately managed accounts and an investment partnership, reported a positive performance for the first quarter.
Long-only separate accounts added between 12% and 18%. In comparison, limited partner returns ranged between 14.5% and 23% net of all fees, according to a copy of the firm's first-quarter letter, which ValueWalk has been able to review.
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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
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