Arquitos Capital Management commentary for the fourth quarter ended December 31, 2018, discussing their long positions in Enterprise Diversified (SYTED) ((SYTE)), MMA Capital Holdings (MMAC), and WESTAIM (WEDXF) (WED.V).
Dear Partner:
Arquitos returned -31.3% net of fees in 2018, compared to -4.4% for the S&P 500. Our annualized net return since the April 10, 2012, launch is 21.3%. Please see page 8 for more detailed performance information.
Structured for Permanence
In "Perennial Seller: The Art of Making and Marketing Work that Lasts," author Ryan Holiday writes about artists and goals and