Choice Equity Funds commentary for the fourth quarter ended December 31, 2019, providing an investment thesis on Hooker Furniture. Q4 2019 hedge fund letters, conferences and more Dear Investor: US markets finished the year strong in Q4, adding to already healthy year-to-date gains. Small caps were up +9.9% in the fourth quarter and +25.5% for the year, while large caps were up +9.1% and +31.5%, respectively. Our portfolio finished -10.4% on a net basis for the fourth quarter, putting our performance at +3.9% for the year. This latest update now means $1 invested in our portfolio since becoming independent in…
Choice Equity Funds 4Q19 Commentary: New Long Thesis
Jacob Wolinsky is the founder of HedgeFundAlpha (formerly ValueWalk Premium), a popular value investing and hedge fund focused intelligence service. Prior to founding the company, Jacob worked as an equity analyst focused on small caps. Jacob lives with his wife and five kids in Passaic NJ. - Email: jacob(at)hedgefundalpha.com FD: I do not purchase any equities to avoid conflict of interest and any insider information. I only purchase broad-based ETFs and mutual funds.