Billionaire Mason Hawkins' Top Stock Picks [View article]
There is a chart on our site (see: http://bit.ly/GUugpE ) comparing our performance vs. the SPY. The market was flat between the end of August and the beginning of December. During this period our small-cap strategy beat the SPY by more than 9 percentage points. Don't confuse our alpha with beta. It is true that about 25 percentage points of our return is due to beta, but the remaining 25 percentage points is alpha.
Keep watching us. We are very confident that we will outperform the S&P 500 index over the next 3-5 year period.
Billionaire Mason Hawkins' Top Stock Picks [View article]
By using those "useless" 13F filings we created an investment strategy and its stock picks returned 49.8% since the end of August. During the same period S&P 500 index gained only 20.3% including dividends.
You can check out ALL of our stock picks from the first issue of our newsletter here: http://bit.ly/WQrEeN
Our strategy beat the market by nearly 30 percentage points in less than 9 months. Don't you think $499 is a bargain for this kind of performance?
5 Takeover Rumors Hedge Funds Have Been Buying [View article]
I don't think you read our article correctly. The last time Icahn invested in CHK he made 30% in 3 months and sold the stock above $30.
Icahn also initiated a 50 million share position in CHK last May when the stock was trading around $15. Again, he made around 30% from those transactions. The stock may have been a loser but you can still make a ton of money if you know when to buy and sell.
Billionaire Steve Cohen's Newest Stock Picks [View article]
I am not picking and choosing the time frame. We first published these picks at the end of August. This is our entire track record.
Our product is our small-cap strategy. If you are interested in 13F filings, the data is freely available on our website as well. We also provide a free 50+ page report summarizing quarterly filings.
Billionaire Steve Cohen's Newest Stock Picks [View article]
VBK was $85.09 on August 31st and it was $99.32 on Mar 13th. Total Return=16.7%
JKK was $91.58 on August 31st and it was $104.49 on Mar 13th. Total Return=14.1%
IJT was $81.82 on August 31st and it was $93.21 on March 13th. Total Return= 13.9%
Our strategy returned 37.7% during the same time period. It outperformed your ETFs by at least 21 percentage points. Clearly hedge funds' small-cap picks did much better the benchmarks you suggested. You can check out our stock picks here:
Billionaire Steve Cohen's Newest Stock Picks [View article]
" If you look at a number of small cap etfs, or other small cap funds, a lot of them have posted good results too. Some of them have matched or exceeded your returns."
What do you mean by good results? What did they return between August 31st, 2012 and March 13th 2013? Our stock picks returned 37.7% between these dates. I doubt there were a lot of small-cap ETFs (unlevered) that had similar returns.
Can you list the names of the ETFs and their returns here?
Billionaire Steve Cohen's Newest Stock Picks [View article]
You can't explain a 18 percentage points per year outperformance by "size effect". Small stocks outperform large stocks but they don't outperform them by 18 percentage points.
Billionaire Steve Cohen's Newest Stock Picks [View article]
Do you know statistics and probability? Our 15 stock picks didn't beat the market by a few percentage points. They beat the market by 18 percentage points per year during a 10-year back testing period. What is the probability of that happening randomly?
We have been live testing this strategy since the end of August. How did our 15 stock picks perform in real time? They returned 36% since the end of August, beating the S&P 500 index by nearly 25 percentage points. What is the probability of that happening randomly?
Billionaire Mason Hawkins' Top Stock Picks [View article]
Keep watching us. We are very confident that we will outperform the S&P 500 index over the next 3-5 year period.
Billionaire Mason Hawkins' Top Stock Picks [View article]
You can check out ALL of our stock picks from the first issue of our newsletter here: http://bit.ly/WQrEeN
Our strategy beat the market by nearly 30 percentage points in less than 9 months. Don't you think $499 is a bargain for this kind of performance?
Billionaire Mason Hawkins' Top Stock Picks [View article]
5 Takeover Rumors Hedge Funds Have Been Buying [View article]
Icahn also initiated a 50 million share position in CHK last May when the stock was trading around $15. Again, he made around 30% from those transactions. The stock may have been a loser but you can still make a ton of money if you know when to buy and sell.
5 Takeover Rumors Hedge Funds Have Been Buying [View article]
5 Takeover Rumors Hedge Funds Have Been Buying [View article]
5 Takeover Rumors Hedge Funds Have Been Buying [View article]
Billionaire Michael Hintze's New Stock Picks [View article]
Billionaire Steve Cohen's Newest Stock Picks [View article]
Our product is our small-cap strategy. If you are interested in 13F filings, the data is freely available on our website as well. We also provide a free 50+ page report summarizing quarterly filings.
Billionaire Steve Cohen's Newest Stock Picks [View article]
JKK was $91.58 on August 31st and it was $104.49 on Mar 13th.
Total Return=14.1%
IJT was $81.82 on August 31st and it was $93.21 on March 13th.
Total Return= 13.9%
Our strategy returned 37.7% during the same time period. It outperformed your ETFs by at least 21 percentage points. Clearly hedge funds' small-cap picks did much better the benchmarks you suggested. You can check out our stock picks here:
http://bit.ly/WQrEeN
They aren't as small as you think and they beat the market by more than 20 percentage points.
Billionaire Steve Cohen's Newest Stock Picks [View article]
What do you mean by good results? What did they return between August 31st, 2012 and March 13th 2013? Our stock picks returned 37.7% between these dates. I doubt there were a lot of small-cap ETFs (unlevered) that had similar returns.
Can you list the names of the ETFs and their returns here?
Billionaire Steve Cohen's Newest Stock Picks [View article]
Billionaire Steve Cohen's Newest Stock Picks [View article]
We have been live testing this strategy since the end of August. How did our 15 stock picks perform in real time? They returned 36% since the end of August, beating the S&P 500 index by nearly 25 percentage points. What is the probability of that happening randomly?
Billionaire Steve Cohen's Newest Stock Picks [View article]
Top Picks From Billionaire Jim Simons' Renaissance Technologies [View article]
http://bit.ly/WQrEeN