Tiger Cub Lone Pine Down, Mandel Expresses Frustration

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Mark Melin
Published on
Updated on

Tiger cub Steve Mandel of Lone Pine Capital continued experiencing frustration in the second quarter, with their longs again lagging the market averages, according to an investor letter reviewed by ValueWalk. Steven Mandel’s investing strategy Mandel’s strategy involves favoring either stocks that compound value through organic earnings growth or companies that are “undergoing favorable management and strategic changes not yet realized in their valuations.” Mandel says that while this strategy is not currently in favor, the approach “has characterized our investing since our founding and we believe strongly in its long-term validity.” Mandel specifically points to Tesla Motors Inc(NASDAQ:TSLA) and…

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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.