Kerrisdale Capital's 4th Quarter 2009 Letter
Over the past year, we have been following the writings of Sahm Adrangi and his Kerrisdale Capital, which his website describes as: "a private investment manager that focuses on value and special situations investments. We manage investment partnerships and separately managed accounts."
Last week, Sahm sent me his investor letter from the 4th quarter 2009 - It is a great read and we hope Sahm continues his performance in 2010 (up ~40% in the 4th quarter mind you).
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