Dhandho’s Junoon Zero Fee Funds managed positive returns in the third quarter, which is better than what most hedge funds did because it’s been a hard year for the industry overall. Both Junoon funds lagged the S&P 500 for Q3. However, the fourth quarter could be a brighter one for the Junoon strategy, given the bumpy ride the S&P has had since early October. Q3 hedge fund letters, conference, scoops etc Both Junoon funds in the green for Q3 Junoon’s U.S. fund returned 0.2% while the offshore fund was up 0.1%, compared to the S&P’s 7.7% return for the third…
Pabrai’s New Zero Fee Hedge Fund Tries To Look Past “Yesterday’s Winners”
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.