You Know It Was A Bad Month For Stocks When…

Investor letters from hedge funds continue to roll in. Of course, the general consensus is that December was simply a bear, although a few hedge fund managers are praising the return of volatility. Teton Capital Partners said in their 2018 year-end report, which was seen by ValueWalk, that their conservative stance was actually “rewarded” in December. Although the fund isn’t on the short list of those who eked out a positive return during the month, it did outperform the S&P 500 significantly.

Q4 hedge fund letters, conference, scoops etc

Teton Capital cheers the return to volatility

Teton was down 1.19%...