Old West Investment Management’s Q4 2020 Investor Letter

Old West Investment Management LLC, an investment management firm, published its fourth quarter 2020 investor letter – a copy of which can be downloaded here. In the letter, the fund stated that their LP strategies returned an average of 65% and their SMA strategies returned an average of 66%. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.