Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 3

This may be naive, but it looks like a one sided battle.

It seems the shorts play a better game...

The longs, largely institutional, remain publicly quiet. No defense; no reiteration of buy recommendations, no refuting the allegations.

The shorts are winning the PR battle, but they're loosing the war.

There's an interesting article from about hedge fund performance: Credit Suisse First Boston maintains the Tremont Hedge Fund Index. The article is about the performance of the hedge funds. The article includes these two gems:

"The average short-bias hedge fund continued to lose money regardless of how investors embraced the market rally -- the average fund in that category lost 1.89% for the month and 29.8% for the year to date.

"The index dropped three funds from its ranks, including the Clinton Arbitrage Portfolio, which closed in October. Irvine Capital Partners and Haidar Jupiter -- Short Equity Class -- both stopped reporting returns and were removed from the index."

These guys are down 30% while the NASDAQ is up 40%+. These funds will close and liquidate.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.