Ashva Capital commentary for the month ended August 31, 2021. Q2 2021 hedge fund letters, conferences and more You’ve undoubtedly read the statistics that the vast majority of active managers fail to beat their benchmark. Additionally, in a bull market it becomes even harder for investors who are value oriented as opposed to momentum oriented to keep up. During the month of August, the S&P500 rose by 2.9%. The index has now risen in 9 of the last 10 months. This is the longest winning streak since a 10-month run ending in December 2017. I’m writing to you today to…
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