Hedge Fund Tracking: Moore Capital Management (Louis Bacon), Q3 2008
[View article]
Forget Hedge Funds. Do not send any of them your money. Stick with well grounded Mutual Funds like Fidelity or 20th Century or others. Back to basics. Do not be a fool and send your millions to a one man shop. Go with firms like Fidelity who cannot steal your money!!!! The track records of the many mutual fund companies are better than that of Hedge Funds anyway. Hell, buy your kids Coca Cola, JNJ, PG, and take the stock certificates and put them in your safe deposit box if you want. Do not mess around with these Hedge Funds and 1 man shops on the street! And stop following all the advise of the ETF crowd. If you have $10 million put 500k in 20 well run, good old fashioned mutual funds! Then enjoy life and look at your returns in 10 or 20 years...
When Oil surges 8% in one week we have a bubble. This is nuts. No gas lines and oil is at 126? Come on. This thing is in the last innings of a major surge and then a collapse. Commodities always collapse after they run like this. This is madness.
Hedge Fund Tracking: Moore Capital Management (Louis Bacon), Q3 2008 [View article]
The Crude Oil Price Disconnect [View article]
Commodities: Bubble or Not? [View article]
The Crude Oil Price Disconnect [View article]
Fast Money Recap, 3/20/08: Cold Commodities [View article]