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This quarter buybacks have beaten all records, with an estimated 300 billion of buybacks, 100 billion more than last year´s record

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Jacob Wolinsky
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Global Allocation Fund commentary for the month end March 2019, discussing due to the strong momentum they have cut short positions in half.

Q4 hedge fund letters, conference, scoops etc

Global Allocation

March was again a good month for risk assets, and bad for us.

In general, we are witnessing a progressive deterioration in macroeconomic indicators globally, with Europe and China being the worst performers while the US behaved somehow better (even with a clear downtrend).

At the microeconomic level, tendency is the same. Companies are revising down their projections both for revenues and net income, with China in the lead, but also in the US where analysts are predicting a...

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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