Livermore Partners 3Q19 Letter to Investors Up 65% YTD: Short Wirecard Thesis

Livermore Partners letter to investors for the third quarter ended September 30, 2019. Q3 2019 hedge fund letters, conferences and more End of cycle seems inevitable – Livermore pulls back in Q3 but remains up 65% percent thru 2019. To Partners: Third Quarter proved difficult for us given the challenging macroeconomic landscape and our extremely strong performance thru Q2. Still, we remain on track to have our best year since 2016. We lost 7% percent in the quarter as energy, gold, and industrials all took it on the chin. Yet, through Q3, and even with the pullback, Livermore Strategic Opportunities,…