Dear Partners and Friends,
- Black Bear Value Fund, LP (the “Fund”) returned +3.4% in March and +4.6% YTD.
- The HFRI Index returned +2.9% in March and +4.6% YTD.
- The S&P 500 returned +3.2% in March and +10.6% YTD.
Please note returns could vary depending on your time of investment.
This is a fun time to be a fundamental investor. So many who practiced “traditional” value investing have left the business (some voluntarily and some involuntarily) as assets have flown to passive vehicles....
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Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually
