Clifford Sosin, though not as widely recognized as Warren Buffett, has successfully operated CAS Investment Partners since 2012 with a focus on concentrated investments. As of September 2024, the firm boasts a remarkable annualized return of 23.5%, substantially exceeding the S&P 500's 12.64%. This concentrated strategy, particularly with a heavy investment in Carvana, reflects Sosin's confidence in selective stock holdings, which may not suit all investors. Harry's approach combines detailed risk understanding and high reward potential, marking a distinctive path in the hedge fund industry.
Clifford Sosin's hedge fund, CAS Investment Partners, has consistently delivered returns that nearly double those of the S&P 500 by concentrating on a few value stocks.
With a concentrated portfolio focused primarily on Carvana, CAS achieved a remarkable 23.5% annualized return since its inception, substantially outperforming traditional investment strategies.
Sosin’s investment strategy, focusing on just four stocks, highlights the possible rewards of a concentrated approach, albeit not advisable for average investors who thrive on diversification.
As of the end of December 2024, CAS Investment Partners had fully invested its assets in four stocks, emphasizing a strategic focus that pays off in high returns.
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