A thesis for going long on LiveRamp From Admiral Capital Partners

Admiral Capital Partners was down 13.7% net for the first quarter, but the fund beat the S&P 500 by 590 basis points. Admiral was down 0.1% for January, 6.8% for February and 7.3% for March, compared to the S&P's flat January return and 8.2% and 12.4% declines, respectively, in February and March.

Q1 2020 hedge fund letters, conferences and more

First-quarter roundup

In his first-quarter letter to investors, which was reviewed by ValueWalk, Managing Partner Alec Shaffner said many of their long positions were down more than the S&P 500, but their short book generated a return of 10.2% during the...