Black Bear Value Fund commentary for the month ended October 31, 2024.
Dear Partners and Friends,
- Black Bear Value Fund returned -1.2%, net, in October and is +4.2% YTD.
- The HFRI Value Index returned -1.4% in October and is +8.0% YTD.
- The S&P 500 returned -0.9% in October and is +21.0% YTD.
Please note returns could vary depending on your time of investment.
Hedge fund letters, conferences and more
As I recently shared our Q3 investment letter there is not much to update with respect to the portfolio. We...
