Livermore Partners 2021 Year-End Update: “The Great Unwind Has Begun”
Livermore Partners update for the year ended December 31, 2021, titled, “The Great Unwind Has Begun.” Q4 2021 hedge fund letters, conferences and more The Great Unwind Has BegunA major "market rotation" is finally occurring to start 2022. With Livermore early on the call that higher inflation will be very sticky, and that overvalued tech, many trading at 30X sales would be negatively impacted by an unwind of ultra loose monetary policy by the FED. With that, capital is now moving into value stocks and select commodity producers. It's about time! For 2021, Livermore's event-driven hedge fund en...