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Kevin Byun's Fund Gains 28% in 2008 (read letter to partners)

Up-and-coming value investor Kevin Byun managed his investment fund, Denali Investors, to a 43% gain in the fourth quarter, producing performance of 28% for the full year 2008.  Byun has preferred market-neutral special situations to traditional long equity investing, putting him in a good position to outperform in a volatile market.

Read Byun's full 2008 letter to the partners of Denali Investors.

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