Alluvial Fund May 2023 Performance Update

--------------------------------------------------------------- The Ignored EV Story Few Investors Know About Lithium may grab all the headlines, but the average electric vehicle requires 146 pounds of the mineral graphite. With no producing graphite mines in North America, the U.S. government is desperate for more domestic sources of the metal to feed the EV battery supply chain. [See why "Made in America" graphite should be on every investor's radar]( --------------------------------------------------------------- [Alluvial Fund May 2023 Performance Update]( [Alluvial Fund performance update for the month ended May 31, 2023. Q1 2023 hedge fund letters, conferences and more Alluvial Fund, LP returned 1.2% in May, compared to -0.9% for the Russell 2000 and -2.8% for the MSCI World Small+MicroCap. Since inception, Alluvial Fund, LP has returned 115.8% compared to 41.3% for the Russell 2000 and 50.7% […]]( [Read On »]( --------------------------------------------------------------- [Bonhoeffer Fund May 2023 Performance Update]( [Bonhoeffer Fund's performance update for the month ended May 31, 2023. Q1 2023 hedge fund letters, conferences and more The Bonhoeffer Fund returned -1.3% net of fees in March, for a year-to-date return of 1.7%.   Bonhoeffer Fund, LP, is a value-oriented private investment partnership for accredited investors. The Fund’s objective is to grow capital […]]( [Read On »]( --------------------------------------------------------------- [How Buffett Made Money From “Workouts”]( [In the early years of the Buffett Partnerships, Warren Buffett made a lot of money for his investors by buying "oil and gas producing companies." But he wasn't buying any old oil and gas companies. He was acquiring shares in businesses in the process of selling themselves to a larger competitor. These situations fell into […]]( [Read On »]( --------------------------------------------------------------- 146 Pounds of Graphite Needed for Each EV Graphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market. [See who could benefit from skyrocketing graphite demand]( [New: Joel Greenblatt Shares His Earliest Lessons On Investing – What He Learned From Graham And Buffett]( [Joel Greenblatt]In the years leading up to and since the dotcom bubble, the markets have gone through a few different regimes, with different companies outperforming at different times. Last year marked a particularly challenging year for many investors, which may have caused some to head for the hills. However, it's generally not a good idea to […]( [Read On »]( --------------------------------------------------------------- [Peter Lynch On Why It’s Important To Do Your Own Research]( [Peter Lynch is one of the greatest growth investors of all time, and his book, One Up On Wall Street, is required reading for all investors. It's particularly important for value investors to read this seminal text on growth investing because it gives the other side of the equation. It highlights some of the benefits […]]( [Read On »]( --------------------------------------------------------------- [How A Young Buffett Learnt Diversification Doesn’t Pay]( [Warren Buffett]If you read through the early letters of Warren Buffett's partnerships, it becomes quickly apparent the young investor wanted to get rich and wanted to do so quickly. When he was buying securities for the partnerships, he never did anything by halves. If he found an excellent opportunity, he would move quickly and with conviction […]( [Read On »]( --------------------------------------------------------------- --------------------------------------------------------------- [Gas Prices: What A Difference A Year Makes]( [The start of summer is nearly here, and drivers are finding prices far lower than last year. Lackluster demand and low oil costs are keeping gas prices relatively stable. The…]( [Read On »]( --------------------------------------------------------------- [S&P Bank M&A 2023 Deal Tracker: Only 4 Deals Announced In May]( [According to the S&P Global Market Intelligence, US bank M&A deals hit another monthly low in 2023 with only four deals announced in May. Key highlights from the analysis include:…]( [Read On »]( --------------------------------------------------------------- [Crypto Investors Priced In SEC Regulatory Action]( [There can be no doubt: uncertainty looms over the future of cryptocurrency regulation. The recent lawsuits initiated by the Securities and Exchange Commission (SEC) against two major cryptocurrency exchanges have…]( [Read On »]( --------------------------------------------------------------- [ASOS - Profits Return Despite Falling Revenues]( [ASOS plc (LON:ASC)'s third-quarter revenue fell 14% to £858.9m, ignoring the effect of exchange rates, reflecting declines across all geographies There was a return to profitability this quarter, with a…]( [Read On »]( --------------------------------------------------------------- [Silver Hangs On By A Thread]( [As anxiety grips the white metal, is a retest of the 2023 lows or highs more likely? With the Fed’s hawkish crusade helping to suppress gold, silver, and mining stocks, the…]( [Read On »]( --------------------------------------------------------------- [Thematic Investment Predicted To Grow Significantly In The Next Three Years - BNP]( [Thematic investing[1], fuelled by investors’ desire to achieve a positive impact, is expected to grow over the next three years according to the second thematic investing research report published by…]( [Read On »]( --------------------------------------------------------------- [How Inflation Affects Your Retirement Plan And Savings]( [Since the mid-1990s, inflation has stayed very close to the Federal Reserve’s benchmark of 2% per year, often dipping much lower than that. The upshot has been a long run…]( [Read On »]( --------------------------------------------------------------- [Highly Likely Russians Responsible For Ukraine Dam Attack - Report]( [Recent attack on the Kakhovka dam part of ‘calculated plan to starve, terrorise and force the capitulation of Ukrainian people, no matter the human cost,’ according to British Barrister leading…]( [Read On »]( --------------------------------------------------------------- [S&P 500 Quad Witching Fire]( [S&P 500 sharply recovered from yesterday‘s shallow premarket decline, and surged on ever strengthening sectoral composition. Tech didn‘t lag, and it was the case of remaining sectors playing catch up,…]( [Read On »]( --------------------------------------------------------------- [Thousands Still Waiting for New Jersey Property Tax Rebate Checks]( [New Jersey started sending the ANCHOR checks more than two months ago, but thousands are still waiting for the aid from the state. The New Jersey Department of the Treasury…]( [Read On »]( --------------------------------------------------------------- Still want more? [Value Walk]( You are getting this email as you're subscribed with this address: {EMAIL}. [UNSUBSCRIBE]( ) | [PRIVACY POLICY]( © 2011-2023 VALUEWALK LLC. ALL RIGHTS RESERVED