Hedge Fund Tracking: Moore Capital Management (Louis Bacon), Q3 2008
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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...
Semiconductor Returns a Function of Financials [View article]
I fully expect the SOXX to recover over the next 36 months. The opportunity found in SNDK and NVDA are once decade opportunities. The opportunity in AMD if it can make itself right is one in an investors lifetime.
Hedge Fund Tracking: Moore Capital Management (Louis Bacon), Q3 2008 [View article]
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Semiconductor Returns a Function of Financials [View article]
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