Hedge funds are bleeding red ink, but there is one firm that continues to hold its head above water.
Old West Investment Management, which offers both separately managed accounts and an investment partnership, reported a positive performance for the first quarter.
Long-only separate accounts added between 12% and 18%. In comparison, limited partner returns ranged between 14.5% and 23% net of all fees, according to a copy of the firm's first-quarter letter, which ValueWalk has been able to review.
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger
Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway.
Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK.
Rupert covers everything value investing for ValueWalk
In measuring the horse race that is alpha versus beta, the capital asset pricing model, used by many professional hedge fund allocators to determine the true manager skill involved... Read More
Even before the Greek stock market started tanking this week (it’s down another 7.35% today), it was one of the cheapest markets on the planet by nearly every fundamental... Read More
Many hedge fund managers in the U.S. donate millions of dollars to charity, and some have established their own foundations to do it. Tiger cub Bill Hwang of Archegos... Read More
Researchers at Duke University and the University of California at Berkeley point to quantitative evidence that the U.S. Fed consistently leaks non-public information about its meetings, driving an investment... Read More
Canadian Pacific Railway Limited (TSE:CP) showed excellent results in the June quarter of the year this morning when the company released its second quarter numbers. The company showed earnings... Read More
Toscafund is now known largely for its super bullish view of UK economy. The opinion is not applicable to the rest of Europe, rather the managers of Toscafund believe... Read More
U.S. criminal prosecutors appear to be getting tough with high frequency trading, as a firm has been hit with criminal charges for manipulating prices in futures markets, court documents... Read More
Continued from part one...
Q3 2019 hedge fund letters, conferences and more
After discussing the types of business investors should be chasing, Mohnish Pabrai then went on to give some examples... Read More
Hedge funds, private equity firms and other private investors scooped up about 70% of the shares auctioned off by the U.S. government as the government divests its TARP investments in small... Read More
By Long Short Trader
Get The Full Ray Dalio Series in PDF
Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your... Read More
