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Logica Capital Up 21% YTD; March 2020 Commentary “Is It Different This Time?”

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Jacob Wolinsky
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Logica Capital commentary for the month of March 2020, titled, "Is It Different This Time?"

Q1 2020 hedge fund letters, conferences and more

  • Logica Absolute Return - Up/Down Convexity - No Correlation
  • Logica Tail Risk - Max Downside Convexity - Negative Correlation

March 2020 Performance

  • Logica Absolute Return +8.58%
  • Logica Tail Risk +13.23%
  • S&P 500 -12.49%

Year To Date Performance

  • Logica Absolute Return +20.84%
  • Logica Tail Risk +28.69%
  • S&P 500 -19.45%

A great book seeks to explain causality, not correlation. It works to point out the circumstances in which it works, and where it doesn't. And in so doing, it is broadly applicable.” - Clayton M. Christensen

Logica Capital

March Came in Like a Lion

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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