Militia Capital

This page and these documents are provided for informational purposes and do not constitute a solicitation or recommendation to invest in Militia Capital Partners, LP or any other security.

LEGAL DISCLAIMER
The information contained herein reflects the opinions and projections of David Orr, founder and portfolio manager at Militia Capital as of the date of the letter. Mr. Orr’s opinions and projections are subject to change without notice. All information provided on this website and in these letters are for informational purposes only and should not be interpreted as investment advice or a recommendation to purchase or sell any specific security. While Mr. Orr believes that the information presented herein is reliable, no representation or warranty is made concerning the accuracy of the data presented. Indeed, this website and these letters are NOT an offer to sell or the solicitation of an offer to buy any interests in any Fund managed by Militia Capital or David Orr. Any such offer to sell or solicitation of an offer to buy will be made only pursuant to definitive subscription documents between the Fund and the Investor.
Performance returns – gross and net – are computed by Mr. Orr. Net returns are net of performance fees and management expenses, if any. Upon request, Mr. Orr can provide additional information regarding how gross and net returns are computed. The most recent year figures are unaudited, as are any returns mentioned prior to the fund’s launch in 2021. Past performance is not indicative of future results. Each investor / Limited Partner will receive individual statements from the funds’ administrator showing actual returns. Reference to the S&P 500 does not imply that Militia Capital will achieve returns, volatility, or other results similar to that index. Indeed, while the S&P 500 is a long-only index primary of large capitalization companies, Militia Capital takes long and short positions in many securities. As such, Militia Capital’s portfolio may often differ materially from the S&P 500, hence the manager’s consistent reference in this letter to a lack of correlation. The specific investments identified and described in these letters are not a representation of all potential positions or strategies used by the Fund and, to the contrary, may represent a small percentage of activity. This information is presented to provide insight into explaining the Fund’s performance, Sharpe ratio, or commenting on investment principles such as valuation.

Disclaimer