Kerrisdale’s August Gains Push Fund to +15.4% YTD; Short Bet Against Pure Storage Highlights Strategy

In its August report and portfolio update, Kerrisdale Partners disclosed a boost in the fund’s performance, which during the month added +4.4% gains for investors. Year-to-date (YTD) performance with this surge peaked at +15.4%.

Special situations and value investments are the core of the fund's investment strategy. Managers find targets by combining fundamental and valuation analyses. They aim for superior results over multi-year holding periods. In the latest letter to investors, fund managers detailed a recent investment in Pure Storage Inc. (NYSE:PSTG).