Disqus - Latest Comments for Mazin

Re: How to Create a Personal Hedge Fund Tracker using Google Reader

AlphaClone — Fri, 27 May 2011 22:06:21 -0000

For what its worth - AlphaClone members pay us for our investment strategies which are not available on our research site and those that subscribe to our research site find it useful because they can backtest strategies to see if they actually would have been smart to follow. Anyone can download public filing for free but without the backtests how do you know a manager or group of managers are the right ones to follow. As in everything else on the internet - users pay for convenience and value not for data - that wants to be free.

Re: Pershing Square Gains 15% in November, Skeptics Emerge - A Lesson in Hedge Fund Tracking

AlphaClone — Tue, 07 Dec 2010 16:57:52 -0000

You the man!

Re: Pershing Square’s November Performance Is Cause For Tears Of Joy

AlphaClone — Tue, 07 Dec 2010 13:51:09 -0000

er, maybe a little bit.

Re: Pershing Square’s November Performance Is Cause For Tears Of Joy

AlphaClone — Tue, 07 Dec 2010 13:49:08 -0000

Clone vs Fund - Pershing's Top 10 Holdings clone which invests quarterly in his largest 10 positions at the time they are disclosed is up 32% on the year (gross, equal weighted) http://screencast.com/t/TLp...

Re: Pershing Square Gains 15% in November, Skeptics Emerge - A Lesson in Hedge Fund Tracking

AlphaClone — Tue, 07 Dec 2010 13:39:08 -0000

Nice! I'd also add that public filings don't include the manager's short positions and that it is IMPOSSIBLE to replicate a manager's investment strategy using public filings (13F or otherwise). The objective should be replicate the manager's "long alpha from US traded equities." Go get'm Jay.

Also for what it's worth - Pershing's Top 10 Holding Clone is up 32% gross on the year - http://screencast.com/t/TLp...

Re: Find Your Happy Hunting Ground StockTwits U

AlphaClone — Fri, 03 Dec 2010 09:49:24 -0000

Thanks for the shout out. We'll be here when you're ready to kick the tires. Our help center is usually a good place to start http:/alphaclone.com/help.html. Don't hesitate to ping us if you have comments/questions.

Re: Warren Buffett, Scuttlebutt, and Going the Other Way: The Farnam Street Guide to Behavioral Investing

AlphaClone — Wed, 06 Oct 2010 12:08:10 -0000

"You need to be sure you know more about the situation then the market and those opportunities don’t come around very often and they are usually research intensive."

That' unfortunately is not a realistic expectation for a vast majority of individual and many professional investors. For example, I was speaking to a senior energy analyst at a very prominent hedge fund recently. He was planning a trip to Saudi Arabia to evaluate a couple of hypothesis he was developing around the price of oil. That's the level of intensity the world's best investors bring to their investment decisions. That's why the worlds largest investors (pension funds and endowments) give their money to the world's best stock pickers and that's why following them makes all the sense in the world - they are better equipped, better financed and perform better research than most anyone.

Re: Warren Buffett, Scuttlebutt, and Going the Other Way: The Farnam Street Guide to Behavioral Investing

AlphaClone — Wed, 06 Oct 2010 11:49:23 -0000

Great interview Zack. Valid findings and our experience supports their conclusions. One of the main drivers behind offering investing accounts around our research to clients is that it automates (i.e. removes the emotion) from following one or a mix of strategies. It's not all clear sailing from there though as we still have to work with clients to select and stick to their investment plan.

Re: Goldman Sachs VIP List & Hedge Fund Trend Monitor: Stocks That Matter Most to Hedgies

AlphaClone — Fri, 17 Sep 2010 15:39:09 -0000

AlphaClone's deep-value fundamentals driven Activist Masters core strategy (which is also a "VIP clone") has returned 16.6% YTD in backtests (as of 9/16/2010). Our International core strategy (another "VIP clone") has returned 17.7% YTD (as of 9/16/2010)

Re: Lesson on 13F's From Whitney Tilson & an Update on Their InterOil Short Position

AlphaClone — Wed, 18 Aug 2010 15:51:22 -0000

Good primer on 13Fs and how to read them. Interpreting them correctly is key to making good use of them. We focus on a manger's largest 20 EQUITY positions which concentrate a majority of the manager's disclosed portfolio value and 99 times out of a 100 reflect a long bias on those positions.

Re: Top 6 resources for piggyback investing

AlphaClone — Thu, 08 Apr 2010 18:37:42 -0000

This is belated but thanks a ton for the shout out! We added a couple of new features over the past several weeks including 13G/13D email alerts and the ability to drill down on historical holdings for any fund as far back as 2000. We also added several new funds - most of which are fundamentals driven hedge funds - they tend to make for attractive clones!

Re: Market Folly Custom Portfolio: November 2009 Performance

AlphaClone — Tue, 08 Dec 2009 12:13:24 -0000

This is Maz, founder and CEO at AlphaClone. It's great to see all the fantastic commentary around our clones. Keep it up and, let us know how we can improve your expeirence.

Re: Market Folly Custom Portfolio Ranked #1 On Alphaclone Leaderboard

AlphaClone — Tue, 03 Nov 2009 12:05:10 -0000

20% a year for ten years. Not bad @marketfolly although the Fein Group has a slight edge on you in terms of risk adjusted returns. :-)

Re: Covestor’s Most-Bought-Stocks smokin’ it

AlphaClone — Fri, 04 Sep 2009 17:17:56 -0000

I think also you have to look at the details behind how a particular strategy is being defined (e.g., Best Ideas). I will say that adding a "conviction" bias to any strategy tends to be a good thing ;-).

Re: Market Folly Custom Portfolio Rebalanced & August 2009 Performance

AlphaClone — Fri, 04 Sep 2009 17:03:09 -0000

For those interested in examples of actual performance of clone portfolios, you can check you our Tiger Cubs and Berkshire clones in action on Folio Investing, here's the link:

https://www.folioinvesting....

Re: Covestor’s Most-Bought-Stocks smokin’ it

AlphaClone — Tue, 01 Sep 2009 13:24:15 -0000

We're listining Zack! We really like that idea. Conceivably, our Best Ideas strategy applied to our AlphaClone Index group is a good proxy for your "most bought" approach. Take the Best Idea clone for the AlphaClone Index group. That clone buys the largest new position from each fund we track as measured by market value each quarter. If there are several managers taking new positions in a stock AND that stock is their top new position then the clone will "overweight" the stock. The clone also limits the number of holdings to a max of fifty. When all is said in done, you have a "most bought" strategy but with a conviction bias (since we're only taking the largest new postions). How does it do? Over ten years the clone has returned 8.5% annualized vs. -1.6% for the S&P 500. Smokin indeed!
Maz
CEO and Founder
AlphaClone

Re: Alphaclone Hedge Fund Portfolios Rebalancing This Evening

AlphaClone — Fri, 21 Aug 2009 13:03:50 -0000

Thanks Jay. We are indeed rebalancing this evening (Pacific Time). Members should check back in tomorrow morning (early) to view updated clones!

Re: AlphaClone helps investors do their homework

AlphaClone — Wed, 10 Dec 2008 15:18:05 -0000

Alpha, thanks for the comment. I encourage you to go register for a Free Guest Pass if you haven't already. To answer your first question, we DO NOT attempt to follow the proprietary trading strategies of fund managers. That's impossible to do without non-public information.

Instead, we allow investors to follow the long stock ideas of some of the world's top fund managers. We then simulate thier performance had they invested in those stock ideas at the time they were made public. The objective is empower investors by allowing them to benefit from those stock ideas.

Which brings me to your second point; actually, hedge funds as a category, while down this year are fairing better than the overall market year-to-date (http://www.barclaygrp.com/i.... In fact, hedge funds on average have consistently outperformed the broader market and we believe that they will be better positioned than most to take advantage of a recovery when it happens. There's never been a better time for a service like AlphaClone.