Comments on: Following the Smart Money in Hedge Fund Land http://www.mebanefaber.com/2009/10/21/following-the-smart-money-in-hedge-fund-land/ 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 By: cokie http://www.mebanefaber.com/2009/10/21/following-the-smart-money-in-hedge-fund-land/comment-page-1/#comment-4296 cokie Tue, 27 Oct 2009 06:50:16 +0000 http://www.mebanefaber.com/?p=1866#comment-4296 kiawah--my back door--when and what is the conference? kiawah–my back door–when and what is the conference?

]]> By: cokie http://www.mebanefaber.com/2009/10/21/following-the-smart-money-in-hedge-fund-land/comment-page-1/#comment-3057 cokie Tue, 27 Oct 2009 01:50:16 +0000 http://www.mebanefaber.com/?p=1866#comment-3057 kiawah--my back door--when and what is the conference? kiawah–my back door–when and what is the conference?

]]> By: gymbeau http://www.mebanefaber.com/2009/10/21/following-the-smart-money-in-hedge-fund-land/comment-page-1/#comment-3055 gymbeau Sat, 24 Oct 2009 15:51:59 +0000 http://www.mebanefaber.com/?p=1866#comment-3055 With 'good market timing', yes there is such a thing, you can avoid deep market dips.<br>I avoided the early 2000's sell off, and the large sell off in 2008 and 2009. Got back in<br>in March 2009. One can do better when using your idea and market timing.<br>If you are thinking why I didn't short those periods. Could not, do to trading my retirement<br>accounts. With 'good market timing', yes there is such a thing, you can avoid deep market dips.
I avoided the early 2000's sell off, and the large sell off in 2008 and 2009. Got back in
in March 2009. One can do better when using your idea and market timing.
If you are thinking why I didn't short those periods. Could not, do to trading my retirement
accounts.

]]> By: WorldBeta http://www.mebanefaber.com/2009/10/21/following-the-smart-money-in-hedge-fund-land/comment-page-1/#comment-3053 WorldBeta Fri, 23 Oct 2009 23:02:32 +0000 http://www.mebanefaber.com/?p=1866#comment-3053 Yah, that's right, we're adding equal weighted too Yah, that's right, we're adding equal weighted too

]]> By: juggernaut1962 http://www.mebanefaber.com/2009/10/21/following-the-smart-money-in-hedge-fund-land/comment-page-1/#comment-3043 juggernaut1962 Thu, 22 Oct 2009 05:35:58 +0000 http://www.mebanefaber.com/?p=1866#comment-3043 Subscribed to AlphaClone a couple days ago. The 10-stock portfolio you reference has 4 funds that own Apple, and there are several owned by only 2 funds, e.g. Coke (KO). If you add up all the holdings x the # funds that own each, you get 27 "positions".<br><br>To replicate a "Popularity Weighted" Index ... would I put 4/27 of my money in Apple, and 2/27 of my money in Coke, etc. etc. ... or is it more "granular" than that?? <br><br>By "granular" I mean, for example, do you add up all the market values (e.g. $10,000,000) ... and if Apple represents $1.5MM of that and Coke represent $0.5MM, then you put 15% of your portfolio in Apple stock ... 5% in Coke ... etc., etc.?? Subscribed to AlphaClone a couple days ago. The 10-stock portfolio you reference has 4 funds that own Apple, and there are several owned by only 2 funds, e.g. Coke (KO). If you add up all the holdings x the # funds that own each, you get 27 “positions”.

To replicate a “Popularity Weighted” Index … would I put 4/27 of my money in Apple, and 2/27 of my money in Coke, etc. etc. … or is it more “granular” than that??

By “granular” I mean, for example, do you add up all the market values (e.g. $10,000,000) … and if Apple represents $1.5MM of that and Coke represent $0.5MM, then you put 15% of your portfolio in Apple stock … 5% in Coke … etc., etc.??

]]> By: WorldBeta http://www.mebanefaber.com/2009/10/21/following-the-smart-money-in-hedge-fund-land/comment-page-1/#comment-3041 WorldBeta Wed, 21 Oct 2009 23:39:36 +0000 http://www.mebanefaber.com/?p=1866#comment-3041 subscribe and test all the theories you want... subscribe and test all the theories you want…

]]> By: phoneranger http://www.mebanefaber.com/2009/10/21/following-the-smart-money-in-hedge-fund-land/comment-page-1/#comment-3040 phoneranger Wed, 21 Oct 2009 23:37:49 +0000 http://www.mebanefaber.com/?p=1866#comment-3040 Could you do a little more attribute analysis? Over time are your top 10 overweighted by sector? Of course they are but how have those weightings evolved? How about beta and credit risk? I have my theories and would be curious to see what you have. Could you do a little more attribute analysis? Over time are your top 10 overweighted by sector? Of course they are but how have those weightings evolved? How about beta and credit risk? I have my theories and would be curious to see what you have.

]]> By: WorldBeta http://www.mebanefaber.com/2009/10/21/following-the-smart-money-in-hedge-fund-land/comment-page-1/#comment-3039 WorldBeta Wed, 21 Oct 2009 21:10:53 +0000 http://www.mebanefaber.com/?p=1866#comment-3039 great movie quote! great movie quote!

]]> By: Sea http://www.mebanefaber.com/2009/10/21/following-the-smart-money-in-hedge-fund-land/comment-page-1/#comment-3038 Sea Wed, 21 Oct 2009 20:52:59 +0000 http://www.mebanefaber.com/?p=1866#comment-3038 Vialula: I suspect that your version of romance is whatever will separate me from my panties.<br><br>Dr. Benjamin Stone: No, I am just talking about dinner. Wear make-up, put on a dress. Panties are optional... Vialula: I suspect that your version of romance is whatever will separate me from my panties.

Dr. Benjamin Stone: No, I am just talking about dinner. Wear make-up, put on a dress. Panties are optional…

]]> By: JeremyG http://www.mebanefaber.com/2009/10/21/following-the-smart-money-in-hedge-fund-land/comment-page-1/#comment-3037 JeremyG Wed, 21 Oct 2009 19:57:30 +0000 http://www.mebanefaber.com/?p=1866#comment-3037 Visa (V) & Mastercard (MA) compete in duopoly they hold no consumer credit risk themselves as they are just transaction processors. Visa (V) & Mastercard (MA) compete in duopoly they hold no consumer credit risk themselves as they are just transaction processors.

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