Varecs Partners Limited

Dear friends,

We recently posted a new blog "PROUD TO BE A VALUE INVESTOR" at our website. As usual, we tried to make it a bit funny and easy to read. I wrote about my journey from my early days at Daiwa, my discovery of value investing at First Eagle, and our evolution at VARECS. Hope you will find it interesting.

http://www.varecs.com/en/2020/proud-to-be-a-value-investor/

Wishing all of you a very happy, healthy holiday season.

Jiro