Investment PhilosophyInvestor LettersPortfolio ManagementSaber Capital Management

Saber Capital Investor Letter – 2017 Mid-year Update

I recently wrote my mid-year investor letter to my clients at Saber Capital Management. I thought I’d share that letter with readers, since I posted it to my firm’s website. If you’re interested, you can view the letter here (it is also embedded below):

If you’re interested in receiving future Saber Capital investor letters, you can get on Saber’s email distribution list using the form on the sidebar of our website: Saber Capital Management Commentary

I use this list to send out some of the content that gets sent to my investors at Saber Capital Management, including letters and other occasional notes.

I typically will send one or two emails each quarter to this list, but definitely not more than one per month.

Thanks for reading!

Download (PDF, 846KB)


John Huber is the portfolio manager of Saber Capital Management, LLC, an investment firm that manages separate accounts for clients. Saber employs a value investing strategy with a primary goal of patiently compounding capital for the long-term.

To read more of John’s writings or to get on Saber Capital’s email distribution list, please visit the Letters and Commentary page on Saber’s website. John can be reached at john@sabercapitalmgt.com. 

3 thoughts on “Saber Capital Investor Letter – 2017 Mid-year Update

  1. hi John this is not a direct response to your investor letter. Instead I am going to ask you to give me your take on PE’s. I see where tencent has a PE of over 50 while zooplus’s is over 100. How much wight to you place in this multiple and why?

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