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…
Choice Equities Fund 27.9% Annualized By Seeking Cheap Cash Flows
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger 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