Livermore Partners commentary for the fourth quarter ended December 31, 2019.
Q4 2019 hedge fund letters, conferences and more
Markets continue to grind to fresh highs; Event-driven Livermore Partners closes 2019 with a gain of 138% percent (Not a typo).
To Partners:
Fourth Quarter began as a very challenging time for the markets. The looming tariffs and threat of a heated trade war peaked in late October. Causing markets to gyrate throughout the month that led up to Halloween. But this time, there was no “trick” and a Phase I US-China trade deal seemed inevitable. Since then, the markets have been on a slow and steady uptrend all the way through the end of December. Culminating the year with the best...
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