This Value Fund Continues To Like TV Broadcasters, Gambling Firms, And SPACs

Performing Capital was down 4% for the fourth quarter, bringing its full-year return to 11.8% for 2021. The S&P 500 was up 11.1% for the fourth quarter and 28.8% for the full year, while the Russell 2000 was up 2% for the fourth quarter and 13.9% for 2021. The HFRI Equity Hedge Index returned 0.9% for the fourth quarter and 12% for 2021. Q4 2021 hedge fund letters, conferences and more A Strong 100 Months Performing Capital marks 100 months in operation next month. In a letter to investors, Howard Rosencrans of Performing Capital said that many funds don’t make…