January 2021 Reflection
“The big theme for January was the market waves created by the Reddit Gang. ”
Overall, January was a smooth month. We were on target to surpass our forecast for the month, but our comfort would soon be disturbed by a band of retail traders. I created a video if you need a recap of what happened. Personally, I sympathize with those retail traders and I applaud them for seizing an opportunity. In the end, David dealt Goliath a nearly fatal blow of approximately $3B / 53%. Unfortunately, that also caused disturbances in the market, even for us. I took evasive actions as the Fear & Greed Index ($VIX) rose. Craw Park Capital did incur a margin call, but we keep enough dry powder on hand to cover situations like this.
Closing the month with ROI at 2.66% was a great start, as we were able to surpass all indices less the Russell 2000. While our primary goal is to not beat the popular indices, I am a competitive person, but more importantly - I want to provide the very best product to our investors. Speaking of…I’m very thankful for the opportunity to provide this service to my investors! It is a blessing to be trusted with capital from investors around the country!
Thank you again for sharing your most precious asset: time.
PS: If you would like to help us - please tell someone about our hedge fund, forward this website to a family member or friend, & if you're connected to an institution that invests (think college endowment or teacher retirement fund, etc.) please introduce us - we want to help as many people as possible!
Johnathan L. Manning
Founder & CEO
Craw Park Capital
912.434.4834
...Better to Show, than Tell.
www.CrawParkCapital.com