http://www.mebanefaber.com/2007/11/15/a-wolf-in-sheeps-clothing/ Stock Market and Investing Blog of Mebane Faber Tue, 11 Oct 2011 15:24:53 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.mebanefaber.com/2007/11/15/a-wolf-in-sheeps-clothing/comment-page-1/#comment-1672 Anonymous Mon, 19 Nov 2007 17:46:00 +0000 http://www.mebanefaber.com/2007/11/15/a-wolf-in-sheeps-clothing/#comment-1672 There truly are some strange hedge funds out there. It's enough fodder for a whole other web site. Permit Capital basically invests in just two stocks over the last several years SBA Communications and Am Tower. You need to pay 2/20 for this? There truly are some strange hedge funds out there. It’s enough fodder for a whole other web site. Permit Capital basically invests in just two stocks over the last several years SBA Communications and Am Tower. You need to pay 2/20 for this?

]]> http://www.mebanefaber.com/2007/11/15/a-wolf-in-sheeps-clothing/comment-page-1/#comment-1671 Anonymous Mon, 19 Nov 2007 17:45:00 +0000 http://www.mebanefaber.com/2007/11/15/a-wolf-in-sheeps-clothing/#comment-1671 There truly are some strange hedge funds out there. It's enough fodder for a whole other web site. Permit Capital basically invests in just two stocks over the last several years SBC and Am Tower. You need to pay 2/20 for this? There truly are some strange hedge funds out there. It’s enough fodder for a whole other web site. Permit Capital basically invests in just two stocks over the last several years SBC and Am Tower. You need to pay 2/20 for this?

]]> http://www.mebanefaber.com/2007/11/15/a-wolf-in-sheeps-clothing/comment-page-1/#comment-1668 Mebane Faber Fri, 16 Nov 2007 17:50:00 +0000 http://www.mebanefaber.com/2007/11/15/a-wolf-in-sheeps-clothing/#comment-1668 He still has about $70 million even after those big declines. . . He still has about $70 million even after those big declines. . .

]]> http://www.mebanefaber.com/2007/11/15/a-wolf-in-sheeps-clothing/comment-page-1/#comment-1667 KenB Fri, 16 Nov 2007 17:46:00 +0000 http://www.mebanefaber.com/2007/11/15/a-wolf-in-sheeps-clothing/#comment-1667 You rememner what the old penny stock brokers used to say.....if you liked it at $4 you ougth to love it at 50 cents.... You rememner what the old penny stock brokers used to say…..if you liked it at $4 you ougth to love it at 50 cents….

]]> http://www.mebanefaber.com/2007/11/15/a-wolf-in-sheeps-clothing/comment-page-1/#comment-1666 Anonymous Fri, 16 Nov 2007 17:16:00 +0000 http://www.mebanefaber.com/2007/11/15/a-wolf-in-sheeps-clothing/#comment-1666 Maybe he has an options premium strategy running in tandem with those stocks for a "hedge" element to his fund. I use 2 well known sources first to start my DD process on any alternative investment. Neither one of my sources have data that gets reported by this guy. That in itself is a problem. I wouldn't touch him until he makes his verifiable audits available to those interested in buying into him. Just eyeballing this charts, if he is long those stocks, he needs around a 250%-300% gain to b/e. That is as bad as the tech bubble burst in 2000-2002.<br/>I cannot even find his AUM. It all sounds flaky to me. Maybe he has an options premium strategy running in tandem with those stocks for a “hedge” element to his fund. I use 2 well known sources first to start my DD process on any alternative investment. Neither one of my sources have data that gets reported by this guy. That in itself is a problem. I wouldn’t touch him until he makes his verifiable audits available to those interested in buying into him. Just eyeballing this charts, if he is long those stocks, he needs around a 250%-300% gain to b/e. That is as bad as the tech bubble burst in 2000-2002.
I cannot even find his AUM. It all sounds flaky to me.

]]> http://www.mebanefaber.com/2007/11/15/a-wolf-in-sheeps-clothing/comment-page-1/#comment-1664 mOOm Fri, 16 Nov 2007 02:23:00 +0000 http://www.mebanefaber.com/2007/11/15/a-wolf-in-sheeps-clothing/#comment-1664 That is amazing. Everything I can see online says that they own those stocks. That is amazing. Everything I can see online says that they own those stocks.

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