Black Bear Value Fund Q3 Letter

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Jacob Wolinsky
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Black Bear Value Fund letter for the third quarter ended September 30, 2023. “If you think nobody cares if you’re alive, try missing a couple car payments.”- Earl Wilson To My Partners and Friends: Black Bear Value Fund, LP (the “Fund”) returned +7.3% in September and is +26.4% YTD. The S&P 500 returned -4.8% in September and +13.1% YTD. The HFRI Index returned +8.8% YTD thru August (Sep numbers N/A). We do not seek to mimic the returns of the S&P 500 and there will be variances in our performance. Q3 2023 hedge fund letters, conferences and more While our…

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Jacob Wolinsky is the founder of HedgeFundAlpha (formerly ValueWalk Premium), a popular value investing and hedge fund focused intelligence service. Prior to founding the company, Jacob worked as an equity analyst focused on small caps. Jacob lives with his wife and five kids in Passaic NJ. - Email: jacob(at)hedgefundalpha.com FD: I do not purchase any equities to avoid conflict of interest and any insider information. I only purchase broad-based ETFs and mutual funds.