Vailshire Partners Hedge Fund Client Memo: End of 4Q 2020

Dear Client of Vailshire Partners LP, Despite the incessant geopolitical turmoil, 2020 was a remarkably good year for Vailshire’s hedge fund investors! — Read on to learn more about our recent results, as well as our outlook for the coming quarters. Current Market Conditions Alternative Assets and Outsized Returns For myriad reasons, 2020 was a year that will live in …

December 2020/January 2021 Update

Happy New Year from Colorado Springs! I hope that each of you had a fantastic holiday celebration with family and friends… whether virtually or in person. Current Market Conditions The mood has changed considerably since the fall of 2020. After nearly a year of fear and pessimism–both in the markets and across social media–I sense glimmers of hope in the …

November/December 2020 Update

Dear client or friend of Vailshire Capital Management, It’s cold and snowy here, and an unusually large amount of Christmas lights are already up in the neighborhood… it’s definitely December in Colorado Springs! I hope each of you is doing well and had a great Thanksgiving. Current Market Conditions While the presidential election results are not yet officially settled, the …

October/November 2020 Update

Dear client or friend of Vailshire Capital Management, Happy November from Colorado Springs! The weather is warm and the trees are beautiful. I hope you are enjoying the fall season as much as I am. Current Market Conditions I just re-read my last monthly update (here’s the link) to remind myself of what I wrote to you previously and, to …

September/October 2020 Update

Dear client or friend of Vailshire Capital Management, Greetings from Colorado Springs! Current Market Conditions After a tumultuous month of September, I was hoping to sound a more optimistic note for October and the upcoming election. However, the most recent economic data–mixed with rising geopolitical tensions–has tilted my indicators more bearish. In other words, we need to expect more volatility …

Vailshire Partners Hedge Fund Client Memo: End of 3Q 2020

Dear client or friend of Vailshire Partners LP, Greetings from Colorado Springs! I hope this quarterly memo finds you well. The State of the Economy The health of the President, his administration, and the economy are at the forefront of our nation’s mind as we approach election Tuesday in early November. As uncertainty about election results and coronavirus containment/immunity persist, …

August/September 2020 Update

Dear client or friend of Vailshire Capital Management, My favorite month (August) is almost over and changes of autumn are already in the air. I hope each of you is having a wonderful summer! Current Market Conditions I will keep this month’s update relatively brief, as not much has changed from an economic/investment perspective since the end of July. The …

July/August 2020 Update

Happy August! I hope all is well with you. Current Market Conditions Not much has changed from my vantage point over the past month. The Covid-related closures and tentative re-openings continue, while US citizens are left wondering what the next several months will bring. Several stock market sectors had another solid month–boosted by Federal Reserve-induced low short-term interest rates, copious …

Vailshire Partners Hedge Fund Client Memo: End of 2Q 2020

Dear client or friend of Vailshire Partners LP, Greetings from Colorado Springs! Much has happened in the world since my last quarterly memo, so I’ll just dig right into it. The State of the Economy Unemployment numbers in the United States are still at near-record high levels, but continue to decline at a steady rate, which is encouraging. Manufacturing numbers …

June/July 2020 Update

Dear client or friend of Vailshire Capital Management, Happy Independence Day Eve! I hope your weekend is filled with camaraderie, fun, relaxation, and thankfulness for the many freedoms we still enjoy in this great country. Current Market Conditions The previously described Covid-related, high-speed economic depression has been met with an equally(?) powerful and rapid response by the US government and …