Kerrisdale Capital, a value and special situations-focused fund, was founded in 2009 by Sahm Adrangi. In the company’s latest December commentary, they discussed their 2024 performance.
December didn’t bring much good for Kerrisdale and its investors, with returns ending with a negative -2.1%. This tallies up the whole year's net gains to a mere +1.6%. Andrangi took the opportunity to announce the launching of a new long investment idea opportunity in the near future.
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When assessing the annual performance of the company in the last couple of years, we see that Kerrisdale is struggling. The...