Old West: “Investment in Rafael Holdings (RFL) Represents an Extremely Asymmetric Opportunity”

Old West Investment Management, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. An average  return of 25% was delivered by the fund for the Q1 of 2021, ahead of its S&P 500 benchmark that delivered a 6% return for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.

Old West Investment Management, in their Q1 2021 investor letter, mentioned Rafael Holdings, Inc....