2021 Hedge Fund Contest
- abuss368
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Re: 2021 Hedge Fund Contest
Maybe I will launch a hostile takeover of all these other hedge funds so I can will the contest!
Tony
Tony
John C. Bogle: “Simplicity is the master key to financial success."
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Re: 2021 Hedge Fund Contest
That makes two of us now!
The most precious gift we can offer anyone is our attention. - Thich Nhat Hanh
Re: 2021 Hedge Fund Contest
Globus R Us
Long:GLBS
Long:GLBS
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Re: 2021 Hedge Fund Contest
I don't think you 2 have a chance! I shorted TSLA But "nobody knows nothing."
John Bogle: "It's amazing how difficult it is for a man to understand something if he's paid a small fortune not to understand it."
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Re: 2021 Hedge Fund Contest
Tell me about it: I tried that last yearVanguard Fan 1367 wrote: ↑Sat Jan 09, 2021 7:08 pm
I don't think you 2 have a chance! I shorted TSLA But "nobody knows nothing."
Maybe I was just off by one year though.
The most precious gift we can offer anyone is our attention. - Thich Nhat Hanh
Re: 2021 Hedge Fund Contest
Both of your choices are not in the Russell 3000 universe. Snap Inc (SNAP) has a dual share class structure that is currently prohibited, while Unity Software (U) is too new as the IPO happened in Sept'20 and our universe is based on June 2020's list. Feel free to submit new choices, long or short.
Re: 2021 Hedge Fund Contest
For FTI, did you mean for FTI to be Technip FMC (NYSE:FTI) the french oil company or FTI Consulting (NYSE:FCN), the financial advisory company? The oil company is not in Russell (foreign based), while the consulting one is fine but has a different ticker than you listed. Let me know and/or pick a replacement 3rd long.
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Re: 2021 Hedge Fund Contest
Commonwealth of Buckaroo Dough Holdings
Looooooonnngg: SRPT (Serepta Therapeutics, which is currently in the tank, down 50%!)
Looooooonnngg: SRPT (Serepta Therapeutics, which is currently in the tank, down 50%!)
Re: 2021 Hedge Fund Contest
Whoops, in that case I will just leave it with IBM and ORCL.
Re: 2021 Hedge Fund Contest
Gimme Fund
Long
AMZN
XOM
GOOG
Short
TSLA
T
C
Long
AMZN
XOM
GOOG
Short
TSLA
T
C
Re: 2021 Hedge Fund Contest
Camp Shore - I would encourage you to choose a slightly difference fund given that exact one (just long TSLA) was already chosen. Perhaps you can outperform your rival with a well chosen long or short pick in addition?
I would normally not allow duplicate entries in the contest since it seemed like copying, but I’m sure in the case you had no such intent and it’s quite a popular stock. In the case it matters in terms of final ranking, I would break ties in favor of the first one to post their fund.
Re: 2021 Hedge Fund Contest
oh shoot thank you.Tanelorn wrote: ↑Sat Jan 09, 2021 8:10 pm Both of your choices are not in the Russell 3000 universe. Snap Inc (SNAP) has a dual share class structure that is currently prohibited, while Unity Software (U) is too new as the IPO happened in Sept'20 and our universe is based on June 2020's list. Feel free to submit new choices, long or short.
Name:
20/21 Vision
Long:
Ambarella Inc (AMBA)
- StormShadow
- Posts: 1005
- Joined: Thu Feb 09, 2012 5:20 pm
Re: 2021 Hedge Fund Contest
Fund: Magneto
Long: General Electric GE
Short: Tesla TSLA
Long: General Electric GE
Short: Tesla TSLA
Re: 2021 Hedge Fund Contest
Sorry, Churchill Capital II (CCX) is a SPAC and those are not eligible for the Russell list until after they complete their deal as a new, more-real-than-they-were company rather than a blank check company with no operations. Feel free to choose a replacement 3rd long and/or add additional short picks if you wish.CaptainSaver wrote: ↑Tue Jan 05, 2021 4:28 pm Fund Name: Monkey Dart Holdings LLC
Long:
LMST
BLDR
CCX
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Re: 2021 Hedge Fund Contest
Note that if either of us sells at some point there is likely to be a difference in performance.Tanelorn wrote: ↑Sun Jan 10, 2021 5:18 amCamp Shore - I would encourage you to choose a slightly difference fund given that exact one (just long TSLA) was already chosen. Perhaps you can outperform your rival with a well chosen long or short pick in addition?
I would normally not allow duplicate entries in the contest since it seemed like copying, but I’m sure in the case you had no such intent and it’s quite a popular stock. In the case it matters in terms of final ranking, I would break ties in favor of the first one to post their fund.
If a single other fund is picked, you would only be weight TSLA at 50%?
The most precious gift we can offer anyone is our attention. - Thich Nhat Hanh
Re: 2021 Hedge Fund Contest
Good point about selling at different times. Last year not one of the concentrated TSLA longs held on for the 5x gains.finite_difference wrote: ↑Sun Jan 10, 2021 12:42 pm Note that if either of us sells at some point there is likely to be a difference in performance.
If a single other fund is picked, you would only be weight TSLA at 50%?
Yes, all stocks are equally weighted so if you have two picks, each would be 50%.
- Random Musings
- Posts: 6771
- Joined: Thu Feb 22, 2007 3:24 pm
- Location: Pennsylvania
Re: 2021 Hedge Fund Contest
The "If You Thought It Was Bad Now Fund"
Short Positions
CALA
GTT
RM
Short Positions
CALA
GTT
RM
I figure the odds be fifty-fifty I just might have something to say. FZ
Re: 2021 Hedge Fund Contest
Perhaps you meant Skyworks Solutions (SWKS), the semiconductor company, for your 3rd pick? SKWS is not a valid stock ticker. Please confirm or let me know your intention, or I'll just remove that one.
Re: 2021 Hedge Fund Contest
This is just a reminder, but tomorrow Monday 1/11 is the last day to post your fund entries. Please try to do so by the morning, although since we're using the closing price on Monday to start the contest, technically you'll have until 4pm ET to enter. Don't wait til the last minute.
For everyone above, please try to respond to the corrections I noticed above. If you check your stock tickers against the Russell list in the OP, you won't run into these issues
For everyone above, please try to respond to the corrections I noticed above. If you check your stock tickers against the Russell list in the OP, you won't run into these issues
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- Posts: 233
- Joined: Tue Jan 02, 2018 11:05 am
Re: 2021 Hedge Fund Contest
Long: AMD
Short: INTC
Name: Lisa’s Garden
Short: INTC
Name: Lisa’s Garden
Re: 2021 Hedge Fund Contest
Fund: Couch Potatoes
Long: AMCX, DIS, DISCA
Long: AMCX, DIS, DISCA
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- Posts: 130
- Joined: Fri Jul 20, 2018 11:06 am
Re: 2021 Hedge Fund Contest
How do we freeze later on? Just reply here?
I am amending the white wings flying fund:
Adding short FB.
I am amending the white wings flying fund:
Adding short FB.
Re: 2021 Hedge Fund Contest
Yes, to close a position just post here which one and you’ll sell, or your short covered, at the next market closing price (4pm ET) after your post.Pegasus_RPG wrote: ↑Mon Jan 11, 2021 2:24 am How do we freeze later on? Just reply here?
I am amending the white wings flying fund:
Adding short FB.
Re: 2021 Hedge Fund Contest
Tanelorn Capital: Better Lucky Than Good
Our concentrated portfolios are designed to debunk that myth that short selling is risky and remind potential investors that no matter how cheap a stock is, there is always 100% to be made on the way to zero.
Short:
CHK (now CHKAQ) - Chesapeake Energy Corp (last price $4.30)
Despite the 300% rise YTD for the stock, we are bearish on the prospects of this heavily indebted energy company and look forward to entering our short position at Monday's close. We know some may take issue with our unusual approach so we also offer a more diversified short-bias alternative portfolio for those seeking a more conservative approach to short selling:
Short:
REV - Revlon Inc
AMC - AMC Entertainment Holdings
EXPR - Express Inc
All that said, the market conditions for the past 9 months have been very very unfavorable to short selling and it's unclear this will change for 2021, so we have a fair bit less confidence in our short basket this year than in previous ones. We're still trying to forget last year's basket, although our main pick did great (sign of the times when +100% for your short didn't make it to the top 5 of the rankings). And a tip of our hat to the longs choosing MSTR as a crypto bet - not our style, but a respectable choice indeed.
Best of luck everyone and don't forget to post your picks and/or corrections by 4pm ET today.
Our concentrated portfolios are designed to debunk that myth that short selling is risky and remind potential investors that no matter how cheap a stock is, there is always 100% to be made on the way to zero.
Short:
CHK (now CHKAQ) - Chesapeake Energy Corp (last price $4.30)
Despite the 300% rise YTD for the stock, we are bearish on the prospects of this heavily indebted energy company and look forward to entering our short position at Monday's close. We know some may take issue with our unusual approach so we also offer a more diversified short-bias alternative portfolio for those seeking a more conservative approach to short selling:
Short:
REV - Revlon Inc
AMC - AMC Entertainment Holdings
EXPR - Express Inc
All that said, the market conditions for the past 9 months have been very very unfavorable to short selling and it's unclear this will change for 2021, so we have a fair bit less confidence in our short basket this year than in previous ones. We're still trying to forget last year's basket, although our main pick did great (sign of the times when +100% for your short didn't make it to the top 5 of the rankings). And a tip of our hat to the longs choosing MSTR as a crypto bet - not our style, but a respectable choice indeed.
Best of luck everyone and don't forget to post your picks and/or corrections by 4pm ET today.
Re: 2021 Hedge Fund Contest
^^^ I assume you're entering a basket of 3 shorts (the second entry).
In case this was missed:
In case this was missed:
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Re: 2021 Hedge Fund Contest
Cheetos Hands
Long:
Appl - Apple
TSLA - Telsa
DIS - Disney
Long:
Appl - Apple
TSLA - Telsa
DIS - Disney
Re: 2021 Hedge Fund Contest
No, I’m entering the first (short CHK), but some people like to see more diversified shorting results so I include the second as an informal alternative. It doesn’t appear in the contest rankings.
Re: 2021 Hedge Fund Contest
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Re: 2021 Hedge Fund Contest
Ob-La-Di, Ob-La-Da Fund
Long
LMT
BABA
Blue
Long
LMT
BABA
Blue
Time is your friend; impulse is your enemy - John Bogle |
Learn every day, but especially from the experiences of others, it's cheaper! - John Bogle
Re: 2021 Hedge Fund Contest
Warm Fuzzy Blanket Capital
long pick:
SEE (Sealed Air Corp) for Long
short pick:
RIG (Transocean)
Thanks!
Moo
long pick:
SEE (Sealed Air Corp) for Long
short pick:
RIG (Transocean)
Thanks!
Moo
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- Posts: 1819
- Joined: Thu May 26, 2011 9:36 pm
Re: 2021 Hedge Fund Contest
Untrue Contrarian Fund
Long: FCEL
Long: PLUG
Long: FCEL
Long: PLUG
I love simulated data. It turns the impossible into the possible!
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Re: 2021 Hedge Fund Contest
Fund: MOFOME Fund
We foresee weakness in transportation during 2021.
Ye Olde, Ancient and True Farmers Almanac predicts rainfall on several occasions during the year. As we all know, it's impossible to find a cab when it rains, so this is truly ominous for that sector.
As Nostradamus clearly wrote in 1555 (in French), "the plague will not cease" and "the city will be destroyed." Both will be bad for leisure travel.
Short
ALGT
LYFT
UBER
We foresee weakness in transportation during 2021.
Ye Olde, Ancient and True Farmers Almanac predicts rainfall on several occasions during the year. As we all know, it's impossible to find a cab when it rains, so this is truly ominous for that sector.
As Nostradamus clearly wrote in 1555 (in French), "the plague will not cease" and "the city will be destroyed." Both will be bad for leisure travel.
Short
ALGT
LYFT
UBER
- Chrono Triggered
- Posts: 396
- Joined: Wed Feb 17, 2016 11:55 am
Re: 2021 Hedge Fund Contest
Thanks for once again doing this!
Fund name: Chrono Triggered
Long:
JNJ
NVDA
VEEV
Short:
TSLA
ZM
Fund name: Chrono Triggered
Long:
JNJ
NVDA
VEEV
Short:
TSLA
ZM
Re: 2021 Hedge Fund Contest
Fund Name: Hudson Road Associates
Long:
PAVMED, Inc. (PAVM)
CVB Financial Corp. (CVBF)
Short:
PDL Biopharma, Inc. (PDLI)
Tennant Co. (TNC)
Fund name randomly generated by http://www.hedgefundnamegenerator.com/
Stocks randomly chosen using https://www.random.org/
Long:
PAVMED, Inc. (PAVM)
CVB Financial Corp. (CVBF)
Short:
PDL Biopharma, Inc. (PDLI)
Tennant Co. (TNC)
Fund name randomly generated by http://www.hedgefundnamegenerator.com/
Stocks randomly chosen using https://www.random.org/
"Ritter, Tod und Teufel"
Re: 2021 Hedge Fund Contest
Fund: Data is the New Oil
Long:
NET - Cloudflare
AMZN - Amazon
SPLK - Splunk
Short:
XOM - Exxon
CVX - Chevron
COP - ConocoPhillips
Long:
NET - Cloudflare
AMZN - Amazon
SPLK - Splunk
Short:
XOM - Exxon
CVX - Chevron
COP - ConocoPhillips
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- Location: Central Florida
Re: 2021 Hedge Fund Contest
It sounds like you will let the TSLA long choice stand. Thanks.Tanelorn wrote: ↑Sun Jan 10, 2021 5:18 amCamp Shore - I would encourage you to choose a slightly difference fund given that exact one (just long TSLA) was already chosen. Perhaps you can outperform your rival with a well chosen long or short pick in addition?
I would normally not allow duplicate entries in the contest since it seemed like copying, but I’m sure in the case you had no such intent and it’s quite a popular stock. In the case it matters in terms of final ranking, I would break ties in favor of the first one to post their fund.
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Re: 2021 Hedge Fund Contest
Sorry about that. Please replace with CVS.
Time is your friend; impulse is your enemy - John Bogle |
Learn every day, but especially from the experiences of others, it's cheaper! - John Bogle
Re: 2021 Hedge Fund Contest
Raymond - I'm sorry PDLI isn't trading anymore. It's a long complicated story, but the short version is the stock's last trading day was the end of 2020 and it's is now a liquidating trust which doesn't trade and we won't know what it's worth until years from now. So it's not eligible anymore as a pick and I removed just that one from your lineup. Bad luck with your random method to pick such a weird situation!Raymond wrote: ↑Mon Jan 11, 2021 2:09 pm Fund Name: Hudson Road Associates
Long:
PAVMED, Inc. (PAVM)
CVB Financial Corp. (CVBF)
Short:
PDL Biopharma, Inc. (PDLI)
Tennant Co. (TNC)
Fund name randomly generated by http://www.hedgefundnamegenerator.com/
Stocks randomly chosen using https://www.random.org/
Re: 2021 Hedge Fund Contest
Thank you all for your thoughtful entries and good luck! The contest is now closed, and for those who had invalid entries and did not respond, I removed them and left the remaining ones.
Current Standings - 2021 hedge fund contest
Please take a look in the spreadsheet above to see that your fund appears as you intended. I may well have may some typo or other mistake, and if so, post a correction or note here and I'll fix it. Don't worry about the ranks/returns/prices yet, as those won't start working properly until overnight tonight.
Current Standings - 2021 hedge fund contest
Please take a look in the spreadsheet above to see that your fund appears as you intended. I may well have may some typo or other mistake, and if so, post a correction or note here and I'll fix it. Don't worry about the ranks/returns/prices yet, as those won't start working properly until overnight tonight.
Last edited by Tanelorn on Tue Jan 12, 2021 7:19 am, edited 1 time in total.
Re: 2021 Hedge Fund Contest
My bad -- I will just remove it, otherwise the same. thanks
Long:
SPG
AAXN
OLN
Short:
PBF
TSLA
**edit: nevermind, I see you read my mind. thanks again
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- Posts: 2728
- Joined: Mon Nov 10, 2014 10:34 pm
Re: 2021 Hedge Fund Contest
Deleted.
Last edited by GoldenFinch on Tue Jan 12, 2021 5:52 am, edited 1 time in total.
Re: 2021 Hedge Fund Contest
I think you put ZM under short positions in my portfolio (I'm long both TSLA and ZM).Tanelorn wrote: ↑Mon Jan 11, 2021 3:46 pm Thank you all for your thoughtful entries and good luck! The contest is now closed, and for those who had invalid entries and did not respond, I removed them and left the remaining ones.
Work in Progress - 2021 hedge fund contest
Please take a look in the spreadsheet above to see that your fund appears as you intended. I may well have may some typo or other mistake, and if so, post a correction or note here and I'll fix it. Don't worry about the ranks/returns/prices yet, as those won't start working properly until overnight tonight.
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- Posts: 53
- Joined: Sun Nov 20, 2016 9:06 pm
Re: 2021 Hedge Fund Contest
I small typo under ClockWork Darts.Tanelorn wrote: ↑Mon Jan 11, 2021 3:46 pm Thank you all for your thoughtful entries and good luck! The contest is now closed, and for those who had invalid entries and did not respond, I removed them and left the remaining ones.
Work in Progress - 2021 hedge fund contest
Please take a look in the spreadsheet above to see that your fund appears as you intended. I may well have may some typo or other mistake, and if so, post a correction or note here and I'll fix it. Don't worry about the ranks/returns/prices yet, as those won't start working properly until overnight tonight.
INTL should be change to INTC (Intel Inc)
Appreciate you putting this together.
Thanking You
Re: 2021 Hedge Fund Contest
I added the spreadsheet to the wiki (current standings): Bogleheads® contests
Re: 2021 Hedge Fund Contest
The game's afoot! The spreadsheet is now tracking everything correctly and as soon as the market opens later today, you should see your performance reflected below.
Current Standings - 2021 hedge fund contest
Current Standings - 2021 hedge fund contest