Maran Capital Q4 Investor Letter

In its Q4 investor letter (you can download a copy below), Maran Capital, a Denver-based value-driven investment management firm located founded by Dan Roller in 2015, reported a return of 10.5% net of all fees and expenses for the fourth quarter of 2017. Whereas, the firm had a net return 23.9% for the full-year 2017.

Maran Capital’s top five positions were Clarus Corp., Turning Point Brands, Scheid Vineyards, Biglari Holdings, and Atento.

Meanwhile, talking about the blockchain and...