Peter Cundill was a Canadian investment star who helped shake up the Canadian money management industry. Like many of history's best value investors, Cundill is relatively unknown outside of value circles but that shouldn’t detract from his performance achieved over the years.
The Cundill value fund was launched in 1974 and from 1974 through to 1988 the fund returned 22% per annum. Over its 35 year history to 2010, the Cundill Value Fund achieved a CAGR of 13.7%, which is especially impressive when you consider the fact that the market was still recovering from the financial crisis when this...
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