Choice Equities Fund 4Q18 Commentary Up 12% On Micro-Cap Long Ideas

Choice Equities Fund commentary for the fourth quarter ended December 31, 2018. Q4 hedge fund letters, conference, scoops etc Dear Investor: We are pleased to report strong absolute and relative performance for Choice Equities Fund, LP (CEF or the Fund) for the year, up +15.9% and +12.1% on a gross and net basis, respectively. Our annual performance compares quite well in a tough period for the markets which saw the Russell 2000, the S&P 500 and our primary Blended Benchmark finish in the red at -11.0%, -4.4% and -9.4%. The fourth quarter in particular was a rough one for equities…