Locust Wood Capital's managing member Stephen J. Errico strikes a cautious note in his fourth quarter and full year letter to investors warning that, while the market can move higher from current levels "we need to be cognizant that's a lot of this good news is already priced in."
According to the January 23rd letter, a copy of which has been reviewed by ValueWalk, 2017 was yet another healthy year for Locust Wood.
Paul Tudor Jones Explains What He Learned From A Lifetime Of Studying Bubbles And Crashes
[buffett]
For the year, the secretive hedge fund produced a return of 13.4% net for partners. It returned 3.3% net...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full ArticleAlready a member? Log in here
