Value Investment Fund, INC.
What you should know about the fund:
In each annual letter, I will try to honestly assess the fund’s performance, reiterate my core investment philosophy, and share my thoughts on various issues.
I share some of the fund’s holdings this year and explain my thoughts behind each one. This way you can get a better idea of where, why, and how we invest, and why I am very confident about the prospects of the fund.
However, there will be times I do not mention some positions. Nor do I mention the size of the position. When more people find these (mostly small) companies, the price of the stock can move abruptly.
To entertain/educate friends, family, and investors, I have created a podcast and a blog.
Value Investing Fund, INC.