Askeladden Capital 2Q19 Letter: Askeladden Reloaded

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%…