Livermore Partners commentary for the first half ended July 31, 2020
COVID-19 takes center stage and deals crushing economic pain. Livermore remains well-positioned to prosper on growing USD de-basement fears and strong gold prices.
Q2 2020 hedge fund letters, conferences and more
To Partners:
2020 started off on negative footing for the fund given our tremendous outperformance in 2019. We knew coming into the year it would be a challenge to crush returns in the manner we did the previous twelve months. Valuations were stretched and the go-go momentum bull market only rewarded the high-flying tech sector while hindering value plays. This of course, was prior to the black swan event we now call, COVID-19. A virus which has taken over...