Carvana Company (CVNA) Disrupting The Used Car Industry

During his recent interview with Tobias, Joe Frankenfield, Portfolio Manager at Saga Partners, discussed Carvana Company (NYSE:CVNA) Disrupting The Used Car Industry. Here’s an excerpt from the interview:Q3 2020 hedge fund letters, conferences and moreCarvana Company (CVNA) Disrupting The Used Car IndustryTobias: Let’s talk about Carvana Company a little bit because that is one that is a little bit more controversial. I don’t follow it closely, but there is a view that they might be overpaying for some of the secondhand cars that they’re buying. There’s some suggestion, from what I understand …

Read More

HEDGE accordingly