The worst performing stock market of 2011 is hardly a surprise; Greece. The second worst performing stock market was Egypt, another one not surprising (Disclosure: I am short EGPT, I might do a write up on this).
Other bad performers include BRIC countries and Italy, not surprising. The best performer is quite a surprise…. Hugo Chavez’s Venezuela.
See chart below:
Maverick USA was down 3.3% for the second quarter, while Maverick Levered was down 2.1%. Maverick Long Enhanced was up 8%. Year to date, Maverick USA is up 31.8%, while Maverick Levered has gained 49.3%. Maverick Long Enhanced has returned 9.9% for the first six months of the year. Maverick Capital is a long/ short Read More