Bronson Point Partners 2014 Q2 Investor Letter and Returns

Bronson Point Partners 2014 Q2 investor letter revealed that Larry Foley and Paul Farrell's long/short equity hedge fund returned 3.4% during the first half of the year. It is true that the fund has underperformed the market and it has been underperforming the S&P 500 index since inception but we will explain why its returns are better than S&P 500 index's returns.