Vilas Capital performance updated for the second quarter ended June 30, 2019. Q2 hedge fund letters, conference, scoops etc The Fund rose 7.8% in the second quarter of 2019, bringing the year to date return to 44.8%. As of today, it is up another 5% +/-, bringing the year to date return to roughly 52%. The full letter should be out in the next few days. Thought this report from JP Morgan today was interesting. For reference, our stocks are now trading at roughly 8 times 2020 estimated earnings (net income) per share. JPMorgan’s Kolanovic Sees Once-in-Decade Trade in Value…
Vilas Capital 2Q19 Performance Update
Jacob Wolinsky is the founder of HedgeFundAlpha (formerly ValueWalk Premium), a popular value investing and hedge fund focused intelligence service. Prior to founding the company, Jacob worked as an equity analyst focused on small caps. Jacob lives with his wife and five kids in Passaic NJ. - Email: jacob(at)hedgefundalpha.com FD: I do not purchase any equities to avoid conflict of interest and any insider information. I only purchase broad-based ETFs and mutual funds.