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Arquitos Capital Management 3Q19 Investors Letter

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Jacob Wolinsky
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Arquitos Capital Management letter to investors for the third quarter ended Septmeber 30, 2019.

Q3 2019 hedge fund letters, conferences and more

Arquitos Capital

The stock market is a device for transferring money from the impatient to the patient. - Warren Buffett

Dear Partner:

Arquitos returned -12.6% net of fees in the third quarter of 2019, bringing the year-to-date return to -12.5%. Our annualized net return since the April 10, 2012, launch is 16.9%. Before fees, Arquitos has returned 370% cumulatively and 22.9% annually since our launch seven and a half years ago. Please see page four for more detailed performance information.

The operations of our primary positions continue to be strong. Their...

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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