Lee Ainslie Adds 20% In 2019; Warns Of Dangerous Market Levels A La 1999

HFA Padded
Rupert Hargreaves
Published on

Lee Ainslie's Maverick USA fund, ended 2019 with a gain of 19.8% for investors according to a copy of the firm's 2019 performance tear sheet and letter, which ValueWalk has been able to review.

The Maverick Levered and Long Enhanced Strategies returned 33.2% and 45.6%, respectively. The S&P 500 added 31.5% in 2019.
Meanwhile, Maverick's quantitative fund, MFQ, struggled. It lost -1.6% for investors last year and returned just 4% annualized since inception in January 2015.

For more up-to-date hedge fund content, and exclusive access to value-focused hedge fund managers, check out Hidden...

This article is only available for Premium Members
Subscribe today and get :
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually

Don’t have an account?

Subscribe now and get 7 days free!
HFA Padded

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk