ADW Loses 33% In 2018 As Stocks Trade On “News Rather Than Fundamentals”

Rupert Hargreaves

Published onJanuary 16, 2019

Adam Wyden's ADW Capital produced an outstanding return of 59.2% in 2017, outperforming the S&P 500 and Russell 2000 by 37.4% and 44.6% respectively. Unfortunately, the fund could not replicate this performance in 2018.

race car 1543847875 — knipsling / Pixabay

ADW ended 2018 with a net loss of -33%, compared to a total loss of 4.4% for the S&P 500 and -11% for the Russell 2000, that's according to investor correspondence reviewed by ValueWalk.

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

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ADW Loses 33% In 2018 As Stocks Trade On “News Rather Than Fundamentals”

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