Seeking Alpha

ROLEX18K » Comments » AAPL

  • 10 Hedge Fund Best Ideas [View article]
    I see people don't understand hedge funds at all, they don't make money buying stocks, they make money selling the index futures and the stock holdings are held only as a hedge against their SP500 index shorts.
    It depends on the fund of course, but the big names with many years in the market and that still remain today, it is only because they lost much less or even made money on their shorts against long stocks.
    Also don't forget about their trading in OTC which can hide their real performance as OTC is not announced in any SEC fillings like stocks do.
    Don't let fool yourself, only 1% of hedge funds make money consistently.
    Jan 17 08:43 am |Rating: +1 -1 |Link to Comment
  • Hedge Fund Portfolio Tracking: Renaissance Technologies (Jim Simons), Q3 2008  [View article]
    What sense it has to quote 100 symbols that somebody holds, it is like listing WILSHIRE 5000 companies and say that those have hedge fund investor of 0.2% or 1.9% ?
    What do I care what John or Paul or Johnny bought few months ago or yesterday? You quote those traders as some gods when in reality they are same boys and girls like you and me.
    You can't make money following some hedge fund manager and looking in the garbage what brand of coffee he drinks or what orange juice he drinks.

    Jan 09 12:55 pm |Rating: +2 -1 |Link to Comment
More on AAPL by ROLEX18K
Comments by Ticker
ROLEX18K's
Comments Stats
100 comments
Rating: -130 (146 - 276 )