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Hedge Fund Investor Letters-Hedge Funds

Greenhaven Road Capital Q4 Investor Letter

Published on February 18, 2018 at 3:15 pm by M.Nadeem in Hedge Fund Investor Letters,Hedge Funds

In 2017, the S&P 500 was up 12 months in a row, but our partnership was not. We are trying to buy companies where we look at the long-term risk/reward equation and say “this is so favorable that it just makes no (insert expletive) sense.” However, just buying into favorable risk/reward situations does not mean that as soon as we start buying the shares, the price will begin to reflect the...

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