Disclaimer: Baker Street Investment Partners LLC offers advisory services to clients in the form of management and ongoing monitoring of investment portfolios. The “Letters To Partners” provided on this web site are not intended as individually tailored investment advice nor are they intended as a solicitation to participate in any particular trading strategy. These materials are provided for readers to gain some insight into Baker Street Investment Partners LLC. Any opinions and projections are subject to change without notice at any time after the date of issue. All investments involve risk, including the loss of principal. Past performance is not indicative of future results. Baker Street Investment Partners LLC recommends that investors seek the advice of a registered investment adviser before making any investment decisions.