SCOOP: Maverick Beats Market In Q1 As Lee Ainsile Adds To Tech Names

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Rupert Hargreaves
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“In Maverick’s 26-year history we have faced in number unexpected market dislocations,” Lee Ainslie wrote in the opening paragraph of his first-quarter letter to investors of Maverick Fund USA. “However, no challenge to our economy and markets has been more difficult to comprehend accurately, or more challenging to predict the implications of, than the current pandemic,” he went on to declare. If you’re looking for value stocks, and exclusive access to value-focused hedge fund managers, check out Hidden Value Stocks. Maverick, like many of its peers, struggled during the first quarter of 2020. According to a copy of it’s Q1…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk