Hedge Funds Share Best Ideas Before Dumping Stocks

A recent article in Bloomberg discusses the tendency for hedge funds to pitch their best investment ideas at investor conferences, only to then “sell pitched stocks after the conferences to take profit and create room for better investment opportunities.” The article reports that a new study by Harvard doctoral student Patrick Luo (in which he reviewed nearly 30 investment conferences that took place between 2008 to 2013) shows that “on average, a hedge fund manager… Read More

Ben Graham Portfolio at Top of The Charts

I always find it interesting to look at the guru portfolios I run on Validea, and ask the question “what is working” now? Over the last month, in a period where the S&P is up 0.4%, 11 out of Validea’s 13 portfolios have outperformed. The best performer is my Ben Graham strategy, up 9.4%. Incidentally, the Graham portfolio is also the best long term performer (up 89.3 percent vs. -12.9% for the S&P since July… Read More