In Q3 Letter, Lone Pine Notes Opportunity In Creative Destruction

28Oct2014October 28, 2014

In Q3 Letter, Lone Pine Notes Opportunity In Creative Destruction

Steve Mandel's Lone Pine Capital noted that its performance has been significantly outpaced by the market, particularly in U.S. dollar terms. In a letter to investors reviewed by ValueWalk, the firm, which operates four primary hedge fund strategies, noted they are seeing is a greater degree of creative business destruction now than at any time during their investment careers, and . . .

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Author

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.

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