With most hedge funds struggling to turn a profit this year, any fund that has been able to achieve a double-digit return in the first half is worthy of a second look.
David Capital, a small hedge fund founded and managed by Adam Patinkin CFA, achieved a high-teens for investors during the first half of 2016 despite market volatility. In the fund’s second quarter and first half letter to investors, Adam Patinkin writes that these returns demonstrate “the value of uncorrelated, research-intensive stock-picking in an uncertain market.”
Hedge Fund Letters To Investors
David Capital is at...
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