Adam Sharp's  Instablog

Adam Sharp
Send Message
Areas of interest include financial regulation, monetary policy, debt, corruption, and taxes. I lean libertarian on most issues, political and financial. I briefly worked as a Financial Advisor (series 6 and 7), and handle my own investments. Check out for more.
My company:
Wealth Daily
My blog:
Bearish News
  • Time to Buy Bear Funds? 0 comments
    May 2, 2009 2:16 PM

    There are a lot of nasty catalysts on the horizon: Stress test results next week, car companies going bankrupt, and more. Plus, the S&P 500 has run about 28% from March lows. I bought back into Grizzly Short Fund (MUTF:GRZZX) on Friday. If you don't have the cash for a hedge fund, Grizzly provides an easy way to purchase a  diversified basket of shorts, managed by a team of professionals.

    I think all investors should have some exposure to short equities. A short mutual fund can be a good choice. It’s insurance for bad times. When the economy gets whalloped, stocks go down. You might lose your job. But with exposure to shorts, you have an extra cushion. If things are bleak, and you need cash, sell the short fund. Voila, some extra cash in your pocket just when you need it most.

    I like short funds because I don't have time to monitor my portfolio all day. I do own some individual shorts, but just a few. My portfolio isn't big enough to justify round-the-clock attention, anyway. Hopefully one day it will be large enough to warrant nurturing like that.

    Prudent Bear is another good fund. It's long-short, with the majority being short. They also own some gold miners. But I'm looking for more of a pure play right now, so I chose GRZZX. I sold my Prudent Bear back in March, which proved to be lucky timing. But I'm not buying any for now.

    If you want more details, I did a longer writeup of these two bear funds in January. All the long-term data is a few months old, but the information on their management teams and investment philosophies should be up-to-date.

    Disclaimer: This is NOT investment advice. Always talk to a professional when making investment decisions. Disclosure: Long Grizzly Bear Fund. I have no affiliation with either of the mutual fund companies mentioned, and have not received any compensation from them.

Back To Adam Sharp's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • GOOG should buy Barnes & Noble, install tech cafes to sell Android stuff & Nooks. Voila, Google Store and bigger share of e-book mkt.
    Dec 6, 2010
  • Liking Acergy $ACGY. Merging with Subsea 7 to form largest sub-sea contractor. ROVs, safety, piping, engineers with Scandinavian names.
    Jun 21, 2010
  • ZH must-read - ECB Blasts Governmental Fear-Based Racketeering, Questions Keynesianism, Fed Powers - #banksters #fed
    May 30, 2010
More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.