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SRUUF - Praetorian Capital Q1 2022 Investor Letter
Uranium Participation Corporation
Praetorian Capital is a “global-micro” hedge fund managed by Harris “Kuppy” Kupperman. The fund is dedicated to seeking non-correlated, asymmetric returns.
During the first quarter of 2022, the fund appreciated by 15.55% net of fees.
As commodities tend to be more volatile than the overall market, it bears mentioning that this increased exposure is likely to increase the overall volatility of our fund.
It would be a mistake torun our portfolio with too little exposureon the other side of the spectrum,as cash will be rapidly devalued by the inflation.