Despite Help From Carl Icahn And Paul Singer, Carlson Capital Flattish As Shorts Struggle

Carlson Capital’s Black Diamond Energy Fund had what can only be described as a disappointing end to 2016. During a year in which the price of oil roughly doubled, and the equity values of many oil explorers rose back to near pre-crash levels, Carlson’s Black Diamond Energy produced a return of only 1.92% net for the year. According to Black Diamond's fourth-quarter and full-year 2016 letter, a copy of which has been reviewed by ValueWalk, during the fourth quarter the fund lost 2.5% bringing returns for the year down to 1.9 . . .

SORRY!

This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible


Saved Articles
X
TextTExtLInkTextTExtLInk

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Opt out of occasional 3rd party offers


Congrats! Are you a smart person? We have a limited time offer for sophisticated and loyal readers like yourself.

Sign up today and get three months free

Use coupon code VIP19 or click on the button below

Limited time offer only expires 8/31/2019 or next 30 13 subscribers whichever comes first – please do not share this discount with others

 

0