Arquitos Capital Management commentary for the second quarter ended June 2020, discussing their unique position in a company named Pendrell Corp (OTCMKTS:PCOA).
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Q2 2020 hedge fund letters, conferences and more
Research is formalized curiosity. It is poking and prying with a purpose. - Zora Neale Hurston
Dear Partner:
Arquitos returned -7.6% net of fees in the second quarter of 2020, bringing the year-to-date return to -25.2%. Please see page six for more detailed performance information.
The portfolio from the past few years has demonstrated the perils of concentrated investing. From launch in April 2012 through the end of 2017, we compounded the portfolio at nearly 43% per year on...
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