Livermore Partners

Livermore Partners 2Q16: Successful Valeant Short; Short URBN

Livermore Partners commentary for the second quarter ended June 30, 2016.

For background see   Livermore Partners Huge Gain On Valeant (VRX) Short

Also see top hedge fund letters

Icahn-ism can continue to thrive creating strong investment returns and manifest better Governance

(Icahn-ism): noun. Pronounced, I-Khan-ism (Definition: Survival of a warrior species that looks to create value left by misguided management that lack vision and strong Board oversight)

To: Partners:

Q2 . . .

SORRY!

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