Intrepid Capital sinking, with assets down 89%
Fri May 1, 2009
Intrepid Capital Management may share a name with the famed
USS Intrepid naval aircraft carrier, but unfortunately for its
investors, the similarities end there. Unlike the famed U.S.
Navy vessel that survived two major wars and 31 years of active
service, Intrepid Capital looks more like a sinking ship.
Hit by big redemptions, Intrepid Capital's assets under
management have plummeted 89% from a high of $2.6 billion in
July 2007 to...
ISSN: 2151-1845 / CDC10004H
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