Chou Associates Management is a Toronto, Canada-based hedge fund, launched back in 1986 by a renowned value investor, Francis Chou. The fund manages around $400 million in assets, as of December 31, 2018. Recently, it released its 2018 Annual Report – a copy of which you can download below.
In the report, Chou Associated Management posted a loss of 15.2% over the past year for its Chou Associates Fund (Series A), compared to the S&P 500’s loss of 4.4% for the same period. It also disclosed a...
