Billionaire Bruce Kovner's Largest Small-Cap Positions [View article]
We have done our own analysis of many of the top funds' top small-cap holdings to determine a list that has proven to generate substantial alpha. Over the past 5 months, this method has returned 25.4% vs. 7.4% for the S&P 500 (learn more about our hedge fund small cap strategy here). http://bit.ly/WQrEeN
David Einhorn's Favorite High-Dividend Stock [View article]
If you follow the first link we provided in the article, you will see Einhorn's latest 13F filing. You can also see Einhorn's previous 13F filings by selecting them from the drop-down menu. 13F filings are made quarterly, so the 28% negative change represents the quarterly change in the position.
Dump Your Hedge Funds And Buy This Stock [View article]
Alexander,
First, our analysis covers the 2008-2011 period. The market was almost flat during these 4 years.
Second, we already know that hedge funds were great investors before 2007. As their assets under management swelled they started investing in larger and larger-cap stocks. If David Einhorn's large-cap stock picks can't outperform the market you shouldn't expect much from other HF managers.
The Top 10 Metals Stocks Loved By The Hedge Fund Industry [View article]
I don't know but here is why they may be acting this way: 1. Management may not be caring about investors at all (i.e. empire building) or 2. They are focused on the long-term and think that this is a good long-term move even though they have to overpay for the deals.
The Top 10 Metals Stocks Loved By The Hedge Fund Industry [View article]
FCX is paying a premium for these two stocks, so it is natural that they take a hit. Another factor is merger arbitrage. Now hedge funds will be buying PXP and shorting FCX to hedge the risk.
5 Stocks Billionaires Are Crazy About [View article]
Good point. Billionaires are even good at that though. Our research has shown that their picks in smaller cap stocks perform even better. For details you can visit our site: http://bit.ly/Nft0dC
Barry Rosenstein's Top 10 Stock Picks Returned 23% Since September [View article]
Not really. You could have beaten the market significantly since 2009 by using leverage and investing in index funds. That doesn't mean that you are a great investor though. You need to pay attention to the risks you are taking.
A Billionaire's Long-Term Gold Play [View article]
This article is based on a 13G filing made on August 13th and shows Vinik's NG position as of this week. The Bloomberg data you talk about is based on 13F filings, which shows Vinik's portfolio holdings as of June 30th.
The NG data we used in this article is more current than Bloomberg's 13F data.
There are several academic studies showing that hedge funds have positive (and declining) alpha.
There is a difference between alpha and outperforming an index fund though. Index funds have a beta of 1 whereas hedge funds' beta is generally less than 0.5. In an increasing market you can't expect hedge funds "outperform" index funds. In a declining market, hedge funds can easily "outperform" index funds (remember 2008).
We don't advocate imitating a hedge fund's entire portfolio. We don't manage billions of dollars and we don't have to invest in large cap stocks which are relatively more efficiently priced. Our strategy is to imitate best hedge funds' best stock picks. Please visit our website for details.
Chuck Royce's Newest Holdings For 2013 [View article]
Writing about small-cap stocks doesn't bring a lot of pageviews but these is where investors have to be looking to generate significant alpha.
Hedge Funds Are Buying These Lesser Known Stocks [View article]
Billionaire Bruce Kovner's Largest Small-Cap Positions [View article]
David Einhorn's Huge Secret [View article]
David Einhorn's Favorite High-Dividend Stock [View article]
Dump Your Hedge Funds And Buy This Stock [View article]
First, our analysis covers the 2008-2011 period. The market was almost flat during these 4 years.
Second, we already know that hedge funds were great investors before 2007. As their assets under management swelled they started investing in larger and larger-cap stocks. If David Einhorn's large-cap stock picks can't outperform the market you shouldn't expect much from other HF managers.
Taking A Longer Look At Apple's Secret Hedge Fund [View article]
The Top 10 Metals Stocks Loved By The Hedge Fund Industry [View article]
1. Management may not be caring about investors at all (i.e. empire building)
or
2. They are focused on the long-term and think that this is a good long-term move even though they have to overpay for the deals.
The Top 10 Metals Stocks Loved By The Hedge Fund Industry [View article]
Billionaire Ken Fisher's Big Data Bets [View article]
1. His best stock picks outperformed the market.
2. People read these articles.
5 Stocks Billionaires Are Crazy About [View article]
http://bit.ly/Nft0dC
Barry Rosenstein's Top 10 Stock Picks Returned 23% Since September [View article]
Barry Rosenstein's Top 10 Stock Picks Returned 23% Since September [View article]
A Billionaire's Long-Term Gold Play [View article]
The NG data we used in this article is more current than Bloomberg's 13F data.
Louis Navellier's New Stock Picks [View article]
There are several academic studies showing that hedge funds have positive (and declining) alpha.
There is a difference between alpha and outperforming an index fund though. Index funds have a beta of 1 whereas hedge funds' beta is generally less than 0.5. In an increasing market you can't expect hedge funds "outperform" index funds. In a declining market, hedge funds can easily "outperform" index funds (remember 2008).
We don't advocate imitating a hedge fund's entire portfolio. We don't manage billions of dollars and we don't have to invest in large cap stocks which are relatively more efficiently priced. Our strategy is to imitate best hedge funds' best stock picks. Please visit our website for details.