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Livermore Partners Mid-Year 2020 Commentary: Long AEX Gold

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Jacob Wolinsky
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Livermore Partners commentary for the first half ended July 31, 2020

COVID-19 takes center stage and deals crushing economic pain. Livermore remains well-positioned to prosper on growing USD de-basement fears and strong gold prices.

Q2 2020 hedge fund letters, conferences and more

To Partners:

2020 started off on negative footing for the fund given our tremendous outperformance in 2019. We knew coming into the year it would be a challenge to crush returns in the manner we did the previous twelve months. Valuations were stretched and the go-go momentum bull market only rewarded the high-flying tech sector while hindering value plays. This of course, was prior to the black swan event we now call, COVID-19. A virus which has taken over...

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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 covered small caps, worked recruiting members for a large hedge fund community and freelance financial journalism. Jacob lives with his wife and five kids in Passaic Park NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal ID. Other methods of secure communication are also available. FD: Most of my portfolio is in I mostly purchase broad-based ETFs, mutual funds or individual bonds - I do this for performance reasons and to avoid any potential conflict of interest or occasional receipt of insider information. I will disclose if I have a stake in any company, but in general I have few stocks and I avoid any trading especially around topics I am covering.