ADW Loses 33% In 2018 As Stocks Trade On “News Rather Than Fundamentals”

Adam Wyden’s ADW Capital produced an outstanding return of 59.2% in 2017, outperforming the S&P 500 and Russell 2000 by 37.4% and 44.6% respectively. Unfortunately, the fund could not replicate this performance in 2018. ADW ended 2018 with a net loss of -33%, compared to a total loss of 4.4% for the S&P 500 and -11% for the Russell 2000, that’s according to investor correspondence reviewed by ValueWalk. If you’re looking for more timely hedge fund insight, ValueWalk’s exclusive newsletter Hidden Value Stocks offers exclusive access to under-the-radar value hedge funds and their ideas. Click here to find out more and signup for a free no-obligation trial today….