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KG Funds Management Re-organizes Portfolio, Ups Short Exposure As It Warns COVID-19 To Have “Profound Effects” On The World

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Rupert Hargreaves
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The global COVID-19 outbreak has already had a "profound effect" on society, and many of the changes it has brought are "likely to reverberate through our economy for a significant period of time, perhaps years," according to Ike Kier and Ilya Zaides, the co-founders of KG Funds Management.

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The KG founders made these comments in a letter to clients and investors dated March 23, 2020. In the letter, a copy...

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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 Hedge Fund Alpha