McIntyre Partnerships 4Q18 Commentary: Long Small Cap Financials

McIntyre Partnerships commentary for the fourth quarter ended December 31. 2018. Q4 hedge fund letters, conference, scoops etc Dear Partners, I hope you all are having a pleasant start to 2019. The below letter is shorter than I aim to make our typical year-end review, largely because of the significant portfolio repositioning discussed at length in the Q3 letter. “Mr. Market is there to serve you, not to guide you. It is his pocketbook, not his wisdom, that you will find useful. If he shows up some day in a particularly foolish mood, you are free to either ignore him…