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Black Bear Value Fund February 2023 Update

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Jacob Wolinsky
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Black Bear Value Fund update for the month ended February 28, 2023.

Q4 2022 hedge fund letters, conferences and more

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Dear Partners and Friends,

  • Black Bear Value Fund returned +1.1%, net, in February and is +2.0%, net, YTD.
  • The HFRI Value Index returned -0.7% in February and is +3.9% YTD.
  • The S&P 500 returned -2.5% in February and is +3.7% YTD.

Please note returns could vary depending on your time of investment. Our 2022 audit was recently completed and you should have received a link to our financial statements.

Zoey will be accompanying me to Omaha this year for the Berkshire annual meeting. If you...

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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 worked as an equity analyst covering small caps, a micro-cap analyst, doing member development a large hedge fund community and freelance financial writing. Jacob lives with his wife and five kids in Passaic NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal id. Other methods of secure communication are also available. FD: I almost exclusively avoid the purchase of equities to avoid conflict of interest and any insider information. I only purchase broad-based ETFs and mutual funds. I will disclsoe if I have a stake in any company, but in general avoid