Financials Bets Boost Vilas To Up 107% Returns In 2019

The Vilas Fund’s commentary for the fourth quarter ended December 31, 2019. Q4 2019 hedge fund letters, conferences and more Dear Vilas Fund Partners, The Vilas Fund, LP had a good year in 2019, rising 106.7% vs the 31.5% return of the S&P 500 Index. Since the Fund began operations on August 9, 2010, it has compounded $1 into $3.77, which equates to an annualized rate of 15.2%, net of fees. Over the same time period, the S&P 500 has grown at 14.2% annually and has turned $1 into $3.49. While we are somewhat pleased with our showing this year,…