The best performing hedge funds are often ones you haven't heard of. You're not doubt familiar with Berkshire Hathaway and Bridgewater Associates. But you probably don't know Casdin Capital or King Street Management. While investors fawned over Bridgewater's 14.6% gain...
Question: If you’re a top hedge fund manager and the value of your highest conviction stock suddenly drops by 20%, what do you do? Answer: You buy more. Late in 2018, investors panic-sold en masse. Indiscriminate selling. Babies thrown out with bathwater. While the public freaked-out about interest rates, trade wars and recessions, leading hedge funds added to their best ideas.
Tiger Global and Matrix Capital are the two best performing "Tiger Cubs" over the last year. In fact, the two hedge funds' long 13F returns are two of the best in the entire hedge fund universe. That's based on equal-weighted holdings of each fund's top 20 positions,...
U.S. Hedge Funds are buying cannabis stocks. Despite regulatory issues and limited investment choices, the "smart money" is increasingly eager to gain exposure to the booming marijuana sector. But you won't see Warren Buffett and Charlie Munger jumping on the pot stock...
GE is another Enron, only worse. That's according to forensic accountant Harry Markopolos, famous for raising red flags about Bernie Madoff ’s Ponzi scheme before most anyone else had a clue. Markipolos released a report on Thursday claiming General Electric (GE) has been...
It's been a challenging investing landscape over the last year, to say the least. From Sept. 30, 2019 through Feb. 19, 2020, the S&P 500 gained 14%. Then the Coronavirus pandemic swept in like a giant Black Swan. The market swooned 34% over the next month, bottoming...
As we've written before, Abdiel Capital is all about focus. Managing partners Colin Moran and Geoffrey Gentile don't spread their bets around much -- they run a concentrated long book. Abdiel's 13F portfolio, disclosed last Friday, showed that the fund's $2.14B in long holdings was invested...
I'm “done with fossil fuels." That's what Jim Cramer just said on CNBC's Squawk Box. Cramer compared fossil fuel companies to the stigmatized tobacco companies, saying oil stocks are in the “death knell phase.” But if that's true, I wonder why billionaire oil tycoon and hotelier Bob...
Whale Rock Capital's returns have been hard to beat. An equal-weighted portfolio of Whale Rock's top ten long 13F positions, rebalanced quarterly, has averaged a 17.30% annual return since the fund's inception in 2006. The fund's 10-year annualized performance of 25.57% is #2 among all fund's in...
After regular market hours on Wednesday, the Head of Alternative Investments for B. Riley Capital filed Form 4s disclosing personal purchases of Health Insurance Innovations (HIIQ) shares in addition to purchases for the fund he manages. Also after market hours, Paul Gabos, a HIIQ...