Carlson’s Double Black Diamond Fund Is Still In The Green For 2022 Despite Challenging Months [Exclusive]

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Michelle deBoer-Jones
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Updated on

Clint Carlson’s Double Black Diamond fund declined 1.69% net for September, a solid return at a time when most other hedge funds are rapidly shedding capital. The September return brings the fund’s year-to-date return to 2.76% — keeping Carlson’s Double Black Diamond fund as one of a relatively small number of hedge funds in the green for the first nine months of 2022. For comparison, the S&P 500 tumbled 9% for October. Beta Rises Alongside Market Volatility In his October letter to investors, which was obtained by ValueWalk, Clint Carlson said their September performance was “in line with where qualitatively”…

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.