This Vale Hedge Fund Is Smashing The S&P

Phoenician Capital was up 30.3% for the fourth quarter, bringing its full-year return for 2020 to 50.8%.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ [valuewalkpremium Logo]() [Elite hedge fund stock picks.]() [This Fund Smashed The S&P 500 In 2020]( Phoenician Capital was up 30.3% for the fourth quarter, bringing its full-year return for 2020 to 50.8%. The fund outperformed the S&P 500's 12.1% return in the fourth quarter by 18.2% and beat the S&P's full-year return by 32.4%. […] [Markets Coil Ahead Of Key Risk Events](=) The last week of the month and quarter started negatively for European markets with Spain’s Ibex taking the brunt of the selling with a 1.6% drop on Monday. The losses for other European markets were smaller, while on Wall Street, technology shares outperformed, sending the Nasdaq to a new record high as yields eased back. […] The post Markets Coil Ahead Of Key Risk Events appeared first on ValueWalk. [High Returns in Real Assets and Tech]( S&P 500 at new highs, is the predictable daily refrain almost. Risk-on credit markets and not so risk-on stock market sectoral overview, aren‘t an obstacle as tech can be depended upon for the delivery of gains. The degree of value underperformance is the other variable – market breadth though keeps improving under the surface as […] The post High Returns in Real Assets and Tech appeared first on ValueWalk. [Steven Romick: Growth Can Bail Value Investors Out Of A Lot Of Problems](=) In his latest interview on WealthTrack, FPA,s Steven Romick discusses a number of topics including how growth stocks can bail value investors out of a lot of problems, but not at any price. Here’s an excerpt from the interview: Q1 2021 hedge fund letters, conferences and more [The Top Universities for Churning Out Unicorn Executives]( A unicorn is not only used to describe a mythical horned horse, but also known as a business term. The term, which was first popularized by venture capitalist Aileen Lee, is used to describe a privately held start-up company with a value of $1 billion or more. Q1 2021 hedge fund letters, conferences and more […] The post The Top Universities for Churning Out Unicorn Executives appeared first on ValueWalk. [Bill Gurley: The Absurdity Of Today’s Valuations](=) In his recent discussion with Brad Gerstner at the Sohn Conference, Bill Gurley provided an example of the absurdity of today’s valuations. Here’s an excerpt from the discussion: Q1 2021 hedge fund letters, conferences and more [facebook]() [twitter]() [linkedin]() [instagram](=) Copyright 2021 VALUEWALK LLC, All rights reserved. You are receiving this email because you subscribed to this newsletter on [valuewalk.com]() [Unsubscribe]( or the 295 Madison Avenue 12th floor, New York, NY 10117 973-685-6523 [Unsubscribe](