Rowan Street Capital commentary for the fourth quarter ended December 31, 2018.
Q4 hedge fund letters, conference, scoops etc
“A military genius is the man who can do the average thing when everyone else around him is losing his mind." - Dwight Eisenhower
Dear Partners,
What a wild ride! From the worst December since 1931 to the best January since 1987. Past two months have clearly shown why there are no market timers on the Forbes list!
In 2018, our fund was down -1.2% net of fees and expenses vs. a decline of -4.4% for the S&P 500. Please check your individual statements as your actual performance may differ depending on the date you became a Partner. If you look at the...
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