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Choice Equities Fund 3Q22 Investor Letter

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Jacob Wolinsky
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Choice Equities Capital Management letter to investors for the third quarter ended September 2022.

Q3 2022 hedge fund letters, conferences and more

Investors
Dear Investor: 

I hope this letter finds you well. Choice Equities Fund generated losses of -1.7% on a net basis in the third quarter, taking the year-to-date performance to -35.8%. This compares to the Russell 2000’s -2.2% loss for the quarter and -25.1% loss year-to-date and the S&P 500’s loss of -4.9% for the quarter and -23.9% loss year-to-date. Since its inception in 2017, the fund has generated annualized gains of +14.7% versus +5.0%  and +10.5% for the Russell 2000 and S&P 500, respectively.  

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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