Below please find T2 Partners (Whitney Tilson & Glenn Tongue) investor letter summarizing their performance for the month of August. For the month of August they were down 13.3% which brings them down 21.9%. They also give some commentary on JC Penny, Iridium, Groupo Prisa, Goldman Sachs, Wells Fargo, and Dell. Enjoy.
Ltr to Investors-T2QF-Aug 11