Kuppy’s Praetorian Capital: Seeking Value In Tankers – ValueWalk Premium

Kuppy’s Praetorian Capital: Seeking Value In Tankers

Harris Kupperman's Praetorian Capital had a pretty rough first quarter. The fund lost 41.2% net of fees during the first quarter of 2020. That's according to the firm's first-quarter investor letter, a copy of which ValueWalk has been able to review.

Writing in his first-quarter investor letter, Kupperman said that during the first three months of 2020, "all expectations went out the window," pretty much everything the fund owned collapsed in value.
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