Looking at the macro market picture, Panayotis “Takis” Sparaggis, chief investment officer for the multi-billion dollar New York based hedge fund, Alkeon Capital Management, sees that “major segments of the market are significantly overvalued.” But within this general high valuation, there are idiosyncratic points of strong valuation, the fund manager wrote to investors in a 31 page third-quarter letter to investors reviewed by ValueWalk. [timeless] Alkeon Capital Management: “One of the best stock-picking environments since the 2000 technology bubble” It might be difficult to peg the headline coming out of Alkeon. Is it the raw performance numbers, with the Long…
Up 26.23% Year To Date, Alkeon Still Sees Massive Opportunities In Tech
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.