Old West Investment Management, LLC

Old West Investment Management, LLC. was founded based on the values embodied in the Code of the West. Simply, we are committed to treating our investors as we ourselves would like to be treated. Aside from being the right thing to do, we believe that attracting a dedicated investor base provides a competitive advantage for us to enact our disciplined, long term, and often contrarian investment process. To begin, we are always willing to discuss our current holdings and research process behind them. Just as we focus on investing with management teams who are heavily invested in their own companies, we want investors who expect the same of us. Of our current capital base, principals and their families account for roughly 13% of capital. Old West manages four primary strategies based upon the companies that we uncover through our simple yet sound investment process: large cap, long-only; small/mid cap, long-only; long/short absolute return; and income. These multiple investment strategies inform one another and create a process that is greater than the sum of its parts. Further, they allow our investors to have access to our underlying research process with different portfolio risk/return dynamics.