Yesterday’s Wall Street Journal carried a good article questioning the status of the Baltic Dry Index (BDI) as a barometer of global economic health. The theory goes that dry bulk shipping rates are a good indicator of demand for materials. As the article points out, shipping rates can also be affected by a supply glut [...]
Barron’s recently spotlighted Yahoo! Finance’s new Java-powered stock screener. As members know, I am regularly looking for new prospects so a new screening tool is of utmost interest. I am pleased to report that Yahoo’s screener works beautifully, with optimal user functionality and relevant stock metrics.
Using the Yahoo screener, I formulated this week’s stock screen. [...]
THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET
Enlightened-American Portfolio: +0.8% through Feb, 2010 (my actual IRR, including cash balance)
DJIA: -1.0%
Nasdaq: -1.4%
S&P 500: -1.0%
DJ Wilshire 5000: -0.4%
Russell 2000 (smallcap): -0.9%
February was a sedentary month for us here at Enlightened American. Sometimes, indeed most times when dealing with investing, doing nothing is the best course of action and for that, we [...]
The current issue of Barron’s carries a brief article on activist hedge funds[$] and makes brief mention of ValueAct Capital as being one of the elite activist funds, who as a group averaged gains of 144% in companies where they filed 13D forms. Readers can scan ValueAct’s holdings in spreadsheet form here but be warned [...]
Readers can scan Pickens’ hedge fund holdings in BP Capital in spreadsheet form here. His activity in Q4 2009 suggests a strong bullish stance.
As Pickens is an oil man, it is no surprise that nearly all his holdings are energy-related. BP Capital does not typically have a large number of stocks in its portfolio but [...]
Scanning the 13F-HR SEC filing of Paulson and Co. suggests John Paulson employs an active trading strategy. Readers can best view Paulson’s moves in spreadsheet format but some broader themes do emerge:
Similar to some of the other money managers already profiled (Berkowitz, Klarman), Paulson is bullish in the financial sector, as evidenced by sizable new [...]
