This Fund’s Q4 Winners Were All Shorts

Although 2018 was an especially difficult year for most hedge funds, many of them had a fairly decent year until December arrived. Krensavage Partners ended 2018 in the green, but the fund would have had a much better year if December hadn't been such a huge problem.

Q3 hedge fund letters, conference, scoops etc

Krensavage Partners fell 9% in Q4

In his fourth-quarter letter, which was reviewed by ValueWalk, Portfolio Manager Michael Krensavage said the fund fell 0.09% net in Q4 but was up 8.09% net for the full year. The S&P 500 Total Return Index fell 13.52% in...