Sahm Adrangi's Kerrisdale Capital just told investors today the fund had a 198 % return in 2011.
In his Q4 letter to partners, Adrangi chalked up the boffo year to shorting four Chinese companies commiting fraud and his long position on Aeropostale.
The strategy was actually discussed last summer in a Washington Post story.
After graduating from Yale in 2003, Adrangi stumbled through several newspaper stints before he realized he was "too nice, too tentative," according to a Financial Post profile.
Here's his story archive from the Yale Daily News, and here's a story the Vancouver native wrote for the Toronto Globe and Mail about a mother who chopped off a neighbo(u)r's hands.
And finally, here's Kerrisdale's returns chart:
Yes, the Internet is forever. But the evidence that there are second acts in American lives continues to mount.
The closest to journalism he gets now is a blog he keeps about the fund's strategy.
H/T Carney
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