Disqus - Latest Comments for marketfolly

Re: The Worst ETFs You Can Own

marketfolly — Wed, 03 Aug 2016 13:03:41 -0000

Great stuff, so many retail investors/traders think they're just buying oil. We had a fantastic guest post a few years ago on how contango affects the oil ETFs that ties into the above: http://www.marketfolly.com/...

Have also noticed a few major hedge funds had/have put positions on the various VIX ETFs since they're such flawed vehicles.

Re: Is This the Top?

marketfolly — Wed, 20 May 2015 13:27:14 -0000

Loved the disclaimer at the bottom. Reminded me of my satirical post on bottom calling back in March 2009: http://www.marketfolly.com/...

Re: Nehal Chopra Long Actavis & Charter Communications: Invest For Kids Chicago

marketfolly — Sat, 08 Nov 2014 17:13:22 -0000

Very good point that they won't tell you when they exit. But at the same time you can still track it via 13F filings, or if the position is big enough, via 13G/D's filed with the SEC. Obviously that's on a delayed basis so there's problems there as well, but better than never knowing what they did with the stake at all.

Also, it reinforces a more important reminder: always do your own work and use hf ideas as a starting point; don't just blindly follow.

Re: Parallels Between Investors and a Renowned Sushi Chef: Jiro Dreams of Sushi

marketfolly — Thu, 24 Apr 2014 02:13:48 -0000

Definitely. I think he even had a quote saying "it's not about the money." Thought about contrasting that to investing where it technically is about the money, but in the form of IRR or return. But in the end they both come back to being the best and constantly refining process in order to achieve better results.

Re: Greenlight Capital's Q1 Letter: Sees Tech Bubble Forming

marketfolly — Wed, 23 Apr 2014 17:45:23 -0000

Sorry for any trouble, it's loading fine on our end. Try a different browser and make sure your Flash is up to date. And maybe try disabling a pop-up blocker as that could interfere with the letter loading.

Re: Parallels Between Investors and a Renowned Sushi Chef: Jiro Dreams of Sushi

marketfolly — Tue, 22 Apr 2014 11:28:59 -0000

Thanks for reading, glad you found it useful.

Re: Excellence in Investing San Francisco Conference: Burbank, Billick, McGuire & More

marketfolly — Thu, 24 Oct 2013 10:50:42 -0000

We'll be posting up notes from the conference soon.

Re: Ray Dalio & Bridgewater on Economic Principles

marketfolly — Mon, 30 Sep 2013 08:57:29 -0000

Sorry about that, try again as it should be showing up now: http://www.marketfolly.com/...

Re: Bill Ackman Dumps J.C. Penney Stake

marketfolly — Tue, 03 Sep 2013 12:45:14 -0000

It sounds like he completely exited all exposure to the name.

Re: Notes From Virginia Investment Symposium 2013: Julian Robertson, Paul Tudor Jones & John Griffin

marketfolly — Tue, 11 Jun 2013 12:13:42 -0000

No video has been made publicly available, sorry.

Re: Bruce Berkowitz's Fairholme Discloses $2.4 billion stake in Fannie Mae & Freddie Mac Preferred

marketfolly — Wed, 05 Jun 2013 12:28:09 -0000

Thanks for flagging this. Extremely poor wording on our part as we completely left out 'par value' in that last paragraph; fixed now.

Re: Notes From Virginia Investment Symposium 2013: Julian Robertson, Paul Tudor Jones & John Griffin

marketfolly — Tue, 04 Jun 2013 14:35:09 -0000

Thanks for flagging, fixed.

Re: Jeff Gundlach's Sohn Conference Presentation: Short French Bonds, Short Chipotle, Long Gold

marketfolly — Sat, 11 May 2013 20:43:08 -0000

Gundlach has liked owning gold.

Re: East Coast's Q1 Letter: How an Idea Goes Through Their Investment Process

marketfolly — Fri, 19 Apr 2013 11:32:51 -0000

That was our guess as well, Bob. Thanks for reading.

Re: Kyle Bass' Hedge Fund Hayman Capital: 50% Of Assets Invested In Mortgages (Investor Letter)

marketfolly — Tue, 05 Mar 2013 13:22:36 -0000

Thanks for the head's up on this, will look into it.

Re: Viking Global's Andreas Halvorsen: Rare Interview on Investment Process

marketfolly — Sat, 02 Mar 2013 16:26:57 -0000

Havent' seen the video anywhere else, but we summarized the majority of it above.

Re: Keith Meister's Corvex Capital Starts New Position in CommonWealth REIT, Proposes Takeover

marketfolly — Wed, 27 Feb 2013 14:25:05 -0000

Thanks, edited. All the SEC filings have Related Fund Management LLC listed.

Re: Viking Global's Andreas Halvorsen: Rare Interview on Investment Process

marketfolly — Mon, 25 Feb 2013 14:41:13 -0000

Believe so yes as he spoke there in 2011. Though there's no direct indication on the video.

Re: Corsair Capital's Thesis on Acacia Research (ACTG): Q4 Letter ~ market folly

marketfolly — Wed, 13 Feb 2013 18:27:54 -0000

Haven't seen it mentioned recently, so unsure. Wish I could be of more help.

Re: Corsair Capital's Thesis on Acacia Research (ACTG): Q4 Letter ~ market folly

marketfolly — Wed, 13 Feb 2013 18:26:35 -0000

Can't post full letter, but the gist of it is summarized above. Thanks for reading.

Re: What We're Reading ~ Analytical Links 1/23/13

marketfolly — Thu, 24 Jan 2013 12:59:18 -0000

Sure thing, good piece.

Re: Ray Dalio: Cash Will Move Into 'Stuff' in 2013

marketfolly — Thu, 24 Jan 2013 12:58:46 -0000

Should be fixed now, sorry about that.

Re: John Paulson Starting Real Estate Recovery Fund

marketfolly — Wed, 12 Dec 2012 10:55:55 -0000

Do you have any links to performance numbers? Thanks.

Re: Blue Ridge Capital's Behavioral Finance Recommended Reading List

marketfolly — Mon, 03 Dec 2012 13:00:05 -0000

Thanks for the recommendation!

Re: Steve Mandel's Pitch on VeriSign: Invest For Kids Chicago

marketfolly — Fri, 30 Nov 2012 14:03:36 -0000

Will be interesting to see what he does with the position (if anything). His case as laid out above said there's limited downside if .com price increases aren't allowed so we'll see.