2017 Hedge Fund Contest

Discuss your favourite picks, broker, and trading or investment style.
Spudd
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Re: 2017 Hedge Fund Contest

Postby Spudd » 04 Jan 2017 09:35

OK, that's the final entry. Good luck everyone!

jsbarnby
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Re: 2017 Hedge Fund Contest

Postby jsbarnby » 04 Jan 2017 18:27

Hoping I can have my record start tomorrow. Sorry I am so late on this. Best of luck everyone!

This Time It's Not Nortel Technology Fund V3.0

Long
Constellation Software (CSU)
Enghouse (ENGH)

Short
Hudson's Bay Co (HBC)
Prometic Health (PLI)

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LadyGeek
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Re: 2017 Hedge Fund Contest

Postby LadyGeek » 04 Jan 2017 20:13

Spudd - I recommend delaying the start of the contest to allow more members time to submit entries.

For comparison, the Bogleheads 2017 hedge fund contest is starting at 9:30 am EST on 6 Jan 2017.

kcowan is starting the 2017 Predictions Contest on January 16th at 9:30 am EST.

Perhaps you can synchronize the start with kcowan?
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Peculiar_Investor
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Re: 2017 Hedge Fund Contest

Postby Peculiar_Investor » 05 Jan 2017 07:32

As a participant I would delaying the start so that more contestants could be found. Latecomers shouldn't be eligible for the fund name bonus.
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scomac
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Re: 2017 Hedge Fund Contest

Postby scomac » 05 Jan 2017 08:05

Peculiar_Investor wrote:As a participant I would delaying the start so that more contestants could be found. Latecomers shouldn't be eligible for the fund name bonus.


+1
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kcowan
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Re: 2017 Hedge Fund Contest

Postby kcowan » 05 Jan 2017 08:40

I picked that date/time because it only loses 2 weeks at a time when everyone is making merry! Also trying to finalize 2016 results. And with the extra time, I would pick CFP for my third long. But I would expect the start values to be set at the new deadline.
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Spudd
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Re: 2017 Hedge Fund Contest

Postby Spudd » 05 Jan 2017 09:51

Sure, we can extend. Let's give it till open of the market on Monday morning. Values will be set with Friday's close. (And one of my picks is already down 50% so this works for me, LOL.)

peter
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Re: 2017 Hedge Fund Contest

Postby peter » 05 Jan 2017 13:20

Name: Up, up, and away!

Long:
AC-T Air Canada
WJA-T Westjet
CP-T Canadian Pacific

Short:
BBD.B-T Bombardier
BB-T Blackberry

FinancialDave
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Re: 2017 Hedge Fund Contest

Postby FinancialDave » 05 Jan 2017 18:42

VILE BIO HEDGEFUND 2017

LONG: BIOS

ig17
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Re: 2017 Hedge Fund Contest

Postby ig17 » 07 Jan 2017 20:19

My three longs are up 11%, 8% and 4% year-to-date. January effect has been playing out as I hoped. But given the new start date, good performance in the first week is detrimental to my future prospects. Therefore, I decided to close the January Effect Fund and start anew.

New entry: High Energy Fund

Long: TSE:BTE (Baytex)
Short: none

northbynorthwest
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Re: 2017 Hedge Fund Contest

Postby northbynorthwest » 08 Jan 2017 12:06

Trump and Dump Fund

Long:
TCN - Tricon Capital
BAM.A - Brookfield Asset Mgt
MG - Magna Intl

Short:
TECK.B - Teck Res
IMG - IamGold
VRX - Valeant Pharma

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LadyGeek
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Re: 2017 Hedge Fund Contest

Postby LadyGeek » 08 Jan 2017 15:10

Administrative:

- Consider changing the column N title "Total" to "Fund % Return" (implemented in the Bogleheads contest)

Info:

- The spreadsheet will rank the funds by selecting Column N "Total" (Fund % return), right-click --> Sort sheet Z --> A. This is a temporary filter for your viewing only. The spreadsheet owner can set a permanent filter, if desired.

Suggestion (implemented in the Bogleheads contest):

- Copy today's status (paste as value) to a new tab in the spreadsheet. If anything happens, you'll have a formal record of the opening price.
Imagefiniki, the Canadian financial wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

DenisD
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Re: 2017 Hedge Fund Contest

Postby DenisD » 08 Jan 2017 19:52

Spudd and LadyGeek, I suggest adding a query to your spreadsheets. This would be the first worksheet. It would show the portfolio names and returns sorted by best to worst using the latest prices. For the FWF spreadsheet, you would type the following into cell A1 of the new worksheet:

=QUERY(Sheet1!A1:N,ʺselect A,N order by N descʺ,1)

You may have to actually type the formula. Cut and paste doesn't always work for me.

Also, the spreadsheet would run much faster if you replaced all the Index(GoogleFinance formulas with something like VLookup.

DenisD
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Re: 2017 Hedge Fund Contest

Postby DenisD » 08 Jan 2017 21:18

Name: Regression to the Mean
Long:
TSE:VRX Valeant Pharmaceuticals Intl.
TSE:YRI Yamana Gold Inc.
TSE:CPG Crescent Point Energy

Short:
TSE:CSU Constellation Software
TSE:DOL Dollarama Inc.
TSE:ATD.B Alimentation Couche-Tard

Long the three biggest losers in the TSX 60 over the past three years. Short the three biggest gainers over the same period.

Spudd
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Re: 2017 Hedge Fund Contest

Postby Spudd » 09 Jan 2017 14:57

I implemented the suggestions given (hid the initial status sheet because it's ugly and hopefully won't be needed), good luck all!

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LadyGeek
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Re: 2017 Hedge Fund Contest

Postby LadyGeek » 09 Jan 2017 21:04

One more thing... The Bogleheads are suggesting to add a benchmark for reference.

In previous years, Norbert used Vanguard FTSE Canada Index ETF (TSE:VCE), as "I don't know and I don't care (Benchmark)".

Perhaps we can use the indexes directly (instead of a fund)?

Google finance has the indexes as:
- S&P/TSX Composite index (INDEXTSI:OSPTX)
- Russell 3000 (INDEXRUSSELL:RUA)
Imagefiniki, the Canadian financial wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

Spudd
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Re: 2017 Hedge Fund Contest

Postby Spudd » 10 Jan 2017 09:40

Good point - will do that. Thanks!

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LadyGeek
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Re: 2017 Hedge Fund Contest

Postby LadyGeek » 10 Jan 2017 20:40

From the Bogleheads contest, Tanelorn has revised the spreadsheet to use Google Sheets' HTML view. It's fast!

All you need to do is replace the edit#gid=116780609 part with htmlview#.

The URL becomes:

Code: Select all

https://docs.google.com/spreadsheets/d/1kGExXcfB4GdnF-VaElmZxDpI9LjeHzxiUVd-sng-mAU/htmlview#

2017 Hedge Fund Contest Financial Wisdom Forum (HTML view)

You lose formula visibility, but it's good for a quick check on status.
Imagefiniki, the Canadian financial wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

DenisD
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Re: 2017 Hedge Fund Contest

Postby DenisD » 10 Jan 2017 20:56

LadyGeek wrote:Tanelorn has revised the spreadsheet to use Google Sheets' HTML view.

By clicking File/Publish to the web.

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Peculiar_Investor
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Re: 2017 Hedge Fund Contest

Postby Peculiar_Investor » 15 Jan 2017 12:15

For tracking and historical purposes this contest is now in the wiki, FWF contests.
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kcowan
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Re: 2017 Hedge Fund Contest

Postby kcowan » 16 Jan 2017 08:35

I would like to show the Forecast Rank graph next to the results graph every year.
For the fun of it...Keith - My Profile - Mi casa es su casa

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Peculiar_Investor
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Re: 2017 Hedge Fund Contest

Postby Peculiar_Investor » 16 Jan 2017 08:45

kcowan wrote:I would like to show the Forecast Rank graph next to the results graph every year.

Not sure I understand. Since you are a wiki editor, the best place to discuss and resolve this is Talk:FWF Contests or just edit the page itself to improve it.
Imagefiniki, the Canadian financial wiki New editors wanted and welcomed, please help collaborate and improve the wiki.

Normal people… believe that if it ain’t broke, don’t fix it. Engineers believe that if it ain’t broke, it doesn’t have enough features yet. – Scott Adams


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