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Black Bear Value Fund November 2022 Update

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Jacob Wolinsky
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Black Bear Value Fund update for the month ended November 30, 2022.

Q3 2022 hedge fund letters, conferences and more

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Dear Partners and Friends,

  • Black Bear Value Fund (the “Fund”) returned +0.1%, net, in November and +10.4% for 2022.

  • The HFRI's returns were not available for November. Thru October it was -10.7% for 2022.

  • The S&P 500 returned +5.6% in November and is -13.1% for 2022.

If you are planning on adding capital for January please let me know as soon as possible. We have a number...

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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