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The Millegan Memo
THE MILLEGAN MEMO: POST-JULY 2025
The Millegan Memo, Articles Quinn Millegan 8/14/25 The Millegan Memo, Articles Quinn Millegan 8/14/25

THE MILLEGAN MEMO: POST-JULY 2025

Pfizer might be a good deal even if Bobby Kennedy bans child vaccines, PPI is heating up despite its cousin CPI, and with enough influence you too can be exempt from Tariffs! A little delayed for July, but worth it all the same.


- Managing Partners Drew Millegan & Quinn Millegan

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ACCREDITED INVESTORS ONLY

Past Performance is not necessarily indicative of future results. Please see the definition of an accredited investor here.

Investors in Woodworth Contrarian Stock & Bond Fund, LP must receive and review its offering memorandum before considering investment.

Woodworth Contrarian Stock & Bond Fund, LP is for accredited investors who are both aware of, and able to sustain, the financial risks involved in exposure to equities investing.

An accredited investor is an individual with a net worth, or joint net worth with the person's spouse, that exceeds $1 million (excluding primary residence) at the time of the purchase, or an individual income in excess of $200,000, or in excess of $300,000 with his or her spouse, in each of the two most recent years, and who has a reasonable expectation of an income in excess of $200,000 individually, or in excess of $300,000 with his or her spouse in the current year.

DISCLOSURE: NOT A SOLICITATION

This presentation has been designed for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security, which may be references upon this document.  Such offers can only be made where lawful under applicable law.  The services and information provided through this document are for personal, non-commercial use and display.  Woodworth Contrarian Stock & Bond Fund, LP does not intend to provide investment advice through this document and does not represent that the securities or services discussed are suitable for any investor.  Investors are advised not to rely on any information contained in this document in the process of making a fully informed investment decision.  Woodworth Contrarian Stock & Bond Fund, LP does not, and this document does not intend to render tax or legal advice.

This presentation has been published in the United States for residents of the United States.  This document is not intended for use by, or to provide any information to, investors outside of the United States.  Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on the site.  No security, investment advisory service, or other product or service will be offered or sold in any jurisdiction in which such offer or solicitation, purchase or sale, would be contrary to the securities laws or other local laws and regulation.  US investors should be advised that not all investments discussed in this document might be available in all states.  News, views, opinions, recommendations, and other information obtained from sources outside of Woodworth Contrarian Stock & Bond Fund, LP are believed to be reliable, but we cannot guarantee their accuracy or completeness.  All such information is subject to change at any time without notice.

The accuracy, completeness, and timeline of the information contained cannot be guaranteed.  Woodworth Contrarian Stock & Bond Fund, LP does not warrant, guarantee or make any representations, or assume any liability with regard to financial results based on use of the information.

All customer orders accepted by Woodworth Contrarian Stock & Bond Fund, LP are considered unsolicited.  Woodworth Contrarian Stock & Bond Fund, LP reserves the right to decline accounts and orders at its discretion.

RISK DISCLOSURE

The Fund's historical performance is net of all fees and expenses and is calculated to the best of our abilities using proprietary numbers.   Current year returns are preliminary and subject to change due to any revisions from the year-end audit.  Net returns have been calculated after all costs and expenses, including any incentive performance fee.  A partner's net return may vary from other partner' net returns due to timing of capital additions and withdrawals in the Funds.

Any mention of stocks or positions in this document is not necessarily a reflection of our interests and/or portfolio and may or may not be a stock or position we hold or have held.

Past performance is not necessarily indicative of future results. All investments involve risk, including the loss of principal. Investors should be aware that the referenced bench marked indexes may have a different composition, volatility, risk, investment philosophy, holding times, and/or other investment-related factors that may affect the benchmark indexes ultimate performance results. Therefore, an investor's individual returns may vary significantly from the “benchmark's performance. The Funds have the ability to use margin, leverage, options, shorts, and other strategies that are not used by or reflected by the indexes provided for comparison purposes.

This and/or the accompanying information was prepared by or obtained from sources which Woodworth Contrarian Stock & Bond Fund, LP believes to be reliable, but does not guarantee its accuracy. This report contains only summary information about the fund and should be read in conjunctions with the more detailed information contained in the confidential private memorandums for the fund. This document may only be distributed to persons who are accredited investors as defined by the US securities laws. It is intended solely for the use of the person to whom it was given and may not be reproduced or distributed to any other person. The fund has not, and will not, be registered under the Securities Act of 1933, as amended, and may only be offered in private placement transactions.

Investors should consider the investment objectives, risks, changes, and expense of the strategy carefully before investing. Aggressive growth stocks may be more susceptible to earnings and disappointments, and the market may not favor aggressive growth-style investing. Investments in small and/or midsize companies increase the risk of greater price fluctuations. Stock prices may fall or fail to rise over time for several reasons, including general financial market conditions and factors related to a specific issuer or industry. Investors can lose money by investing in the strategy. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client's investment portfolio. The Funds may be subject to greater price volatility than less concentrated portfolios. An investment in the Fund involves a high degree of risk. An investor may lose all or a significant portion of its investment.

This presentation does not take into account the investment objectives, financial situation, or particular needs of any recipient hereof and should not be construed as legal, tax, or investment advice. Investors should carefully review the Memorandum and Fund definitive documents and consult with independent legal, tax, and business advisers concerning any potential investment in the Fund. This transmission is confidential and may not be redistributed without the express written consent of Woodworth Contrarian Stock & Bond Fund, LP and does not constitute an offer to sell or the solicitation of an offer to purchase any security or investment product. Any such offer or solicitation may only be made by means of delivery of an approved confidential offering memorandum.

CONTACT

Info@Woodworth.Fund
(800) 651-1996 - Local: (503) 472-6552 - Fax: (503) 295-5250

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