Stanley Capital Has Rough December But Sees Opportunity In Stocks Trading At “Record Low Valuations”

Stanley Capital, the $190 million long/short equity hedge fund, reported a loss of -13.9% in December following a small gain in November and another double-digit decline in October. This performance gives the fund a total return of -30.3% for 2018 after fees and expenses, according to a copy of the firm's December tear sheet, which has been reviewed by ValueWalk.
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According to its fourth-quarter letter to investors,

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