Sequoia Fund Annual Report
Read the full article at: http://www.sequoiafund.com/Reports/Annual/Ann06.htm
Submitted by Geoff on Tue, 2007-03-13 20:53.
(via www.sequoiafund.com)
The total return for Sequoia Fund was 8.34% for 2006. Over the last year the fund underperformed. Over the last five years it's beaten the market by a very slim margin. Still, it's worth reading the report. Discussion includes Berkshire, Mohawk, Progressive, and Bed Bath & Beyond.
