Sequoia Fund is a mutual fund advised by Ruane, Cunniff & Goldfarb L.p., which was launched back in 1970. Bill Ruane and Rick Cunniff co-founded Sequoia Fund hoping to be able to beat the market with their great investment picks carefully researched before investing. The fund uses a long-only investment strategy and mainly invest in mid and large-cap companies. According to its recently published Investor Letter for the first quarter of 2019, Sequoia gained 14.68% net of fees, compared to...