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Askeladden Capital 2Q19 Letter: Askeladden Reloaded

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Jacob Wolinsky
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Askeladden Capital letter to investors for the second quarter ended June 30, 2019. titled, "Askeladden Reloaded."

Q1 hedge fund letters, conference, scoops etc

Dear Partners,

Year to date through 6/28/2019, Askeladden Capital Partners LP has returned in excess of ~ +37% gross, representing a positive spread of over 20 percentage points compared to the +17% return of our benchmark, the S&P 1000 Total Return.  This brings our cumulative gross performance in the ~3.5 years since inception to ~ +177%, compared to benchmark performance of +59%.

On an annualized basis, returns since inception have been ~ +33.9% (gross) and ~ +26.7% (net), compared to benchmark performance of +14.2%.  In light of our material outperformance over the past three years, the first outperformance...

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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