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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 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