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Archive for November, 2024

Posted by Martin November 16, 2024

Letter to Investors – October 2024

Dear Partners, October has been a month of challenges and careful recalibration for our fund. Reflecting on this period, we faced leverage concerns and overtrading issues that tested the resilience of our strategy and brought valuable lessons about liquidity, risk management, and prudence. These experiences echo the words of renowned hedge fund manager Paul Tudor Continue reading →

Posted by Martin November 15, 2024

Consumers keep spending but worry about inflation

Schizofrenia of the American society in full display. Today’s news on Yahoo Finance delivered an article that October retail sales topped estimates in October and September sales reports were revised sharply higher. So the data shows that consumers keep spending and buying (usually what they do not need) like crazy.     On the other Continue reading →