By HardCoreValue, he can also be followed on twitter
Investing is about making money, there are no points for style. Following other successful investors for ideas is a great way of filtering possible investment ideas. Even Warren Buffett admitted to coat-tailing when he was younger. There are lots of ways of tracking other investors (13-F SEC filings), investor letters like David Einhorn’s which often explain their thesis or websites like gurufocus that maintain a database. However, investors must realize that following other investor’s purchases are just a starting point and do not excuse them for doing their own research. Also, these purchases can be mis-interpreted, since short investments do not have to be disclosed, the long position could actually be a hedge and thus the investor is bearish on the stock that you think they appear to be bullish on!
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