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”…
Carlson’s Double Black Diamond Fund Is Still In The Green For 2022 Despite Challenging Months [Exclusive]
Michelle deBoer-Jones
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.