Tao Value recently released its Q1 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -12.96% for the quarter, outperforming their benchmark, the MSCI All Country World Index (ACWI) which returned -21.05% in the same quarter.
In the said letter, Tao Value highlighted Credit Acceptance Corp (NASDAQ:CACC) and Alliance Data Systems Corp (NYSE:ADS) stocks. Credit Acceptance is an auto finance company. Alliance Data Systems is a leading provider of...
