Semper Augustus Investment Group’s Q4 2020 Investor Letter

Semper Augustus Investments Group, an investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here.  In the letter, the fund talked about the activities in their portfolio and other important updates which they quoted, “The Path From Deflation; Expedition Everest; and – Berkshire: The GOAT Goes Full Repo”. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.