Hayden Capital 1Q19 Commentary – Finding Value in The Enchanted Forest

Hayden Capital commentary for the first quarter ended March 31, 2019. Q1 hedge fund letters, conference, scoops etc Dear Partners and Friends, Our portfolio recorded its best quarter since inception, after recovering from a rough end to 2018. Over the last three months, it seems the market found its footing again versus the panic selling we saw in December and when certain issues even had trouble catching a bid. Some of this was aided by the Fed, which signaled it would take a long pause in raising interest rates further. Over the first quarter of 2019, our portfolio appreciated +14.73%…