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Del Principe O’Brien Financial Advisors August 2019 Letter

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Jacob Wolinsky
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Del Principe O'Brien Financial Advisors letter to investors for the month of August 2019.

Q2 hedge fund letters, conference, scoops etc

Dear Fellow Investors,

“Patience is bitter, but its fruit is sweet.” - Aristotle

Wasn’t it just yesterday we were talking about how December 2018 was the worst month for the Dow and S&P since 1931? In just a few months’ time, the pullback ended, the market was back up, and we started seeing substantial gains in our investments. Though we’re happy to be back on this side of things, the swing from panic mode (for some investors) to big gains is evidence yet again of a market that is neither rational nor efficient.

And so, what do prudent value investors do...

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Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob covered small caps, worked recruiting members for a large hedge fund community and freelance financial journalism. Jacob lives with his wife and five kids in Passaic Park NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal ID. Other methods of secure communication are also available. FD: Most of my portfolio is in I mostly purchase broad-based ETFs, mutual funds or individual bonds - I do this for performance reasons and to avoid any potential conflict of interest or occasional receipt of insider information. I will disclose if I have a stake in any company, but in general I have few stocks and I avoid any trading especially around topics I am covering.