Vilas Capital Fund Up 17.7% In April; 65% YTD Gain [Stat Sheet]

Vilas Capital Fund performance review for the month ended April 30, 2019. Q1 hedge fund letters, conference, scoops etc Dear Partners, The Fund had a good April, rising 17.7% +/-.  Further, due to an earnings beat, CVS and a few other stocks we own are up materially today, May 1.  This brings our year-to-date performance up to a roughly 65% gain.  Making our way back slowly but surely. The table below shows the year by year performance of value stocks vs growth stocks since 1999.  Value stocks are only up 3.5% per year since 2006, which basically can be accounted for…