Rhizome Partners, the value partnership that targets small and micro-cap companies, produced a return of 2.8% net for investors during the second quarter of 2017 following a gain of 1.4% during Q1. Since inception (April 10, 2013), the firm has produced an annualized net return for investors of 11.1% and a cumulative return of 56% compared to the S&P 500’s annual and cumulative return of 12.9% and 66.8%. The firm’s second-quarter letter to investors contains updates on some investments, the most interesting of which are FRPH Holdings and Macy’s. [timeless] Rhizome Partners Likes Macy’s Considering the general negative sentiment towards…
Rhizome Partners Seeking Value In Macy's
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 ValueWalk