Florida based Gator Capital Management is having yet another healthy year. According to the fund's third-quarter letter to investors, a copy of which has been reviewed by ValueWalk, for the year to the end of the third quarter the fund managed by Dereck Pilecki returned 9.7%.
See also: Hidden Value Stocks
While this lagged the S&P 500's total return of 14.2% over the same period, since inception (July 1, 2008) Gator has produced an annualized return for investors of 24.6%, or a total return of 666% net, eclipsing the S&P 500's total return of 141% or 10% per annum over the same period. Additionally, Gator bogies to financial indexes being focused (almost or) exclusively on that sector.
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