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This Long/ Short Equity Firm Sees A Time-Arbitrage Opportunity In This Pest Control Merger

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Michelle deBoer-Jones
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Yost Partners was up 0.8% for the first quarter, while the Yost Focused Long Funds lost 5% net. The firm's benchmark, the MSCI World Index, declined by 5.2%. The funds' returns outperformed their benchmark due to their tilt toward value, high exposures to energy and financials and a bias toward quality.

In his first-quarter letter to investors, which was obtained by ValueWalk, Carson Yost noted that the market continues to "batter cash bleeding companies and companies which require boundless imagination, intoxication or a mixture of the two to value." He also said that trying to determine which macro factors...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.