With most hedge funds struggling to turn a profit this year, any fund that has been able to achieve a double-digit return in the first half is worthy of a second look. David Capital, a small hedge fund founded and managed by Adam Patinkin CFA, achieved a high-teens for investors during the first half of 2016 despite market volatility. In the fund’s second quarter and first half letter to investors, Adam Patinkin writes that these returns demonstrate “the value of uncorrelated, research-intensive stock-picking in an uncertain market.” Hedge Fund Letters To Investors David Capital is at its core, a value fund….
Adam Patinkin Of David Capital On The Importance Of Portfolio Analysis
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk