Nantahala Capital Management Buys Timeshare Companies To Profit From Market Slump

Wilmot Harkey's Nantahala Capital Management returned - 2.7% net of fees and expenses in the first quarter of 2020, substantially outperforming the Russell 2000 and S&P 500.

According to a copy of the hedge fund's first-quarter letter to investors, which has been reviewed by ValueWalk, following this performance, since inception in 2004, Nantahala has produced a net return of 442.8% on a cumulative basis and 11.4% on a net basis.

Nantahala returned 19% in 2018 and 9.5% in the 2019 calendar year.

Nantahala Capital: Invest in what you can predict

Nantahala's investment strategy is based around the idea of avoiding having exposure to events the...