Ryan Packard, the founder of Hiddenite Capital Partners, has achieved impressive returns for investors since the firm's inception.
With a performance of 48.5 percent through August and 56 percent by mid-September, Packard has compounded returns at an annual rate of 17 percent over the past four years.
Hiddenite Capital primarily focuses on old-economy stocks, particularly in sectors such as industrials, materials, energy, financials, and technology.
The firm's success is attributed to a multisecurity investment approach, macro awareness, and a robust options strategy. By diversifying their investments, Hiddenite aims to capture a broader range of opportunities while mitigating risks. The firm's investment philosophy includes a keen ability to navigate market sentiment and a strong focus on shorting to manage risk.
As the financial landscape evolves, Hiddenite's ability to adapt and leverage its investment strategies will be crucial in navigating future challenges.