Desert Lion Capital’s Q3 2021 Investor Letter

Desert Lion Capital, an investment management firm, published its third-quarter 2021 investor letter – a copy of which can be downloaded here. A net return of -9.9% was delivered by the fund for the third quarter of 2021. Desert Lion Capital’s horizon is longer than average, and the portfolio turnover is fairly low at less than 20% per annum. You can take a look at the fund’s top 5 holdings to have an idea about their best picks for 2021.