Emerging Value Capital Management letter to investors for the third quarter ended September 30, 2018.
Q3 hedge fund letters, conference, scoops etc
Dear Partners and Shareholders,
EVCM Fund net returns to investors are shown in the following table.

“Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it” – Warren Buffett.
Q3- 2018 Overview:
Stock price volatility continued in Q3 as investors worried about trade wars, multiple rounds of tariff impositions, an economic slowdown in China, increasing energy prices, rising interest rates, currency crises...


