Choice Equity Funds 4Q19 Commentary: New Long Thesis

Jacob Wolinsky

Published onFebruary 11, 2020

Choice Equity Funds commentary for the fourth quarter ended December 31, 2019, providing an investment thesis on Hooker Furniture.

Table of Contents

Q4 2019 hedge fund letters, conferences and more

Dear Investor:

US markets finished the year strong in Q4, adding to already healthy year-to-date gains. Small caps were up +9.9% in the fourth quarter and +25.5% for the year, while large caps were up +9.1% and +31.5%, respectively. Our portfolio finished -10.4% on a net basis for the fourth quarter, putting our performance at +3.9% for the year. This latest update now means $1 invested in our portfolio since becoming independent in 2017 is worth $1.42 versus our Small/Large blended benchmark of $1.34.

Executive Summary

In this letter, we discuss the primary drivers of...

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Jacob Wolinsky

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

Choice Equity Funds 4Q19 Commentary: New Long Thesis

Executive Summary

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