As Lodge Hill Capital hedge fund investors look at first quarter returns averaging 5%, while the S&P 500 is up 1.4%, the letter to investors in the $750 million fund reveals the attitude of a hedge fund manager who believes in the title: they advocate a hedge strategy.
Also see a list of the top hedge fund letters
Ignore the consensus herd mentality, hedge funds were designed to hedge says Lodge Hill Capital
Celebrating its four-year anniversary, long / short relative value trader Clint Murray appears to take a step back and contemplate the macro view. Why has his fund, with just $200 million under management in May of 2014, less than five employees serving perhaps 10 institutional clients, grown by...

