by admin | Apr 30, 2018 | 7 day trial over, Free, One time buyer, Premium members
Excerpt from the Stanphyl Capital letter to investors for the month of April 2018 discussing their long positions in two micro-cap plays. Stanphyl was profiled in the second edition of HVS and has had some of the best picks among all the funds we have profiled with...
by Rupert Hargreaves | Apr 24, 2018 | Premium members
Dear Partners, Alluvial Fund, LP was up modestly in the first quarter, returning 2.7%. The S&P 500 was down slightly, while the Russell 2000 treaded water. The small change in each market index’s ending value belies the volatility that markets experienced this...
by Rupert Hargreaves | Apr 20, 2018 | Premium members
“Without frugality none can be rich, and with it very few would be poor.” – Samuel Johnson The following table represents Logos LP’s total return compared a basket of relevant indexes. The price per unit as of March 31st, 2018 is $25.71 compared to $25.59 as of...
by Rupert Hargreaves | Apr 14, 2018 | Premium members, Uncategorized
Fellow Partners, GrizzlyRock Institutional Value Partners, LP and GrizzlyRock Value Partners, LP (together “GrizzlyRock” or the “Fund”) decreased 7.52% net of expenses during the first quarter of 2018. Since inception, GrizzlyRock has been profitable each calendar...
by Rupert Hargreaves | Apr 14, 2018 | Premium members
Dear Investor, What a difference a quarter makes! In my year-end letter I bemoaned the fact that volatility had all but disappeared from the markets, and trillions had been invested in index funds with little regard to valuation. Much has changed in the first quarter...
