December Performance Estimates

Crescat Capital Crescat News and Updates, Performance Update

The Year of the Great Rotation Welcome to 2022. More than ever, we believe it is time to get out with the old and in with the new. At Crescat, we believe investors today face a twofold problem: The imperative to not get sucked into a financial asset bubble destined to implode. The need to outpace structurally rising inflation. Starting …

December Research Letter and Performance Update – Software is the Tell

Crescat Capital Monthly Research Letter, Performance Update

Equity Market Warning The recent weakness in the broad US equity market is being masked by the outperformance of mega-market cap companies that remain near record valuations. With that in mind, it is remarkable to us how the NASDAQ Composite is just 2.6% from all-time highs while only 35% of its members are above the 200-day moving average. Such a …

September Performance Estimates

Crescat Capital Crescat Updates, Performance Update

The Psychology of Inflation Today’s macro environment is indeed very different than any other period we have experienced in the last four decades. Inflation is infiltrating the mindset of US households in a way not seen since the wage-price spirals of the 1970s. Prices for the goods and services that individuals require to meet basic needs have been increasing at …

July Performance Estimates

Crescat Capital Performance Update

We are excited to report that Crescat’s newest hedge fund, the Crescat Precious Metals Fund just finished its first full year with exceptionally strong results. The fund was up an estimated 235.4% net in its debut year compared to a 5.8% decline for the benchmark Philadelphia Gold and Silver Index. Spot gold was down 8.2% over the same time frame, …