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Mittleman Brothers Performance Update: Rough Time Since Our High Watermark In 2014, But LT Returns Solid

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Jacob Wolinsky
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Mittleman Brothers Investment Management commentary for the third quarter ended September 30,2018.

Q3 hedge fund letters, conference, scoops etc

Dear Investors,

I’ve had conversations with some of you recently that lacked the usual holiday cheer for this time of year, clearly due to our weak results YTD, which have us still stuck in negative territory after hitting our high water mark on August 30, 2014, just over 4.25 year ago, having slid back down from a strong Q3 2018 performance that had us break-even to up slightly for the year.

But over 10 years and longer, our performance remains outstanding. As shown below for the most recently available comparisons (as of Q3 2018, obviously we’re down a bit since then but...

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Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob worked as an equity analyst covering small caps, a micro-cap analyst, doing member development a large hedge fund community and freelance financial writing. Jacob lives with his wife and five kids in Passaic NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal id. Other methods of secure communication are also available. FD: I almost exclusively avoid the purchase of equities to avoid conflict of interest and any insider information. I only purchase broad-based ETFs and mutual funds. I will disclsoe if I have a stake in any company, but in general avoid