Value investor Francis Chou who has close ties to another Canadian value investing legend Prem Watsa, is out with his annual report for 2011.
Over the past five years the Chou record has not been great. Over the past 10 and 15-year periods it is very good.
In this annual report Chou discusses why he is still heavily invested in TARP warrants, why he likes Chinese stocks and what he sees for Europe.
Check the size of his cost base on his TARP warrant positions. He has put a pretty significant chunk of his fund money into them.
ChouFunds2011AnnualReport
Over the past five years the Chou record has not been great. Over the past 10 and 15-year periods it is very good.
In this annual report Chou discusses why he is still heavily invested in TARP warrants, why he likes Chinese stocks and what he sees for Europe.
Check the size of his cost base on his TARP warrant positions. He has put a pretty significant chunk of his fund money into them.
ChouFunds2011AnnualReport
