The 2009 FWF hedge fund contest

Discuss your favourite picks, broker, and trading or investment style.

Postby ghariton » 01 Jan 2009 23:45

Name: The John Law Memorial Hedge Fund

All on the TSX:

Long: OPC, DML

Short: NT, BCE

George
The plural of anecdote is NOT data.

In God we trust, all others bring data (William Edwards Deming)
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Postby NormR » 02 Jan 2009 00:32

Sigh, based on all the hedgie buying, I guess it's time to sell my FFH. :cry:

BTW, how easy is it to short a low priced stock like NT?

Oh, and I think some people are straying from the indexes.
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Postby couponstrip » 02 Jan 2009 00:42

"Two-and-Trendy Head(ge) Games"

Long:

NKO.T
TLM.T

Short:

AEM.T
AEI.T
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Postby bubbalouie » 02 Jan 2009 00:54

Long: ABX and YRI
Short: RY and POW

Armeghedgon Fund
Last edited by bubbalouie on 02 Jan 2009 03:14, edited 2 times in total.
"They misunderestimated me." --George W. Bush, November 6, 2000
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Postby NormR » 02 Jan 2009 00:55

With apologies to Norbert, contestants can pick up a synthetic cash/bond position by going long NB-T which is due to be taken over by FFH-T at $39/share on Jan 13. 8)


Disclosure: I hold both but this shouldn't be taken as a recommendation to actually buy/sell these stocks.
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Postby bubbalouie » 02 Jan 2009 01:02

normr: just curious if yer going to muster up the courage to choose some picks this year; your picks in CB show you're mortal just like the rest of us plebes; c'mon, we won't laugh at you; what have you got to lose.
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Postby jeebuz » 02 Jan 2009 01:06

Name: "Oracle of Oro Fund"

Long: BRK.A
Short: GE, GS

- Jeebuz -
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Postby Norbert Schlenker » 02 Jan 2009 02:51

Sorry for my lack of attendance. Busy entertaining guests.

Questions
George$ wrote:wondering if the main purpose of this hedge fund contest is 'educational' , or 'entertainment', or 'make work', or what :roll:

I expect the only education will be of me while automating the results.

couponstrip wrote:This excludes the TSX venture exchange I assume.....

It does. I'm a hard taskmaster.

NormR wrote:With apologies to Norbert...

No apologies necessary. Just get your entry in on time. And twist Dan's arm. ;)

Valid portfolios
The Guaranteed Anxiety Fund (pitz)
Khufu Asset Management (randomwalker)
The Half-Baked, Long/Short, Hedge Fund (scomac)
No redemption for you! (beluga)
What the Hell Fun Fund (George$)
The LOBASS Fund (adrian2) [using BMO and CIBC]
Leylandii Hedge Fund (Gus)
Pickle Barrel (Pickles)
Ameghedgon Fund (bubbalouie)

Invalid portfolios (fix 'em before 9 am Friday)
Double Tightloose Updown Hedgie Madoffwitheverything Fund (brad911): FSY not in the TSX Composite
Once Uponzi Time Fund (serdic): 3 in the S&P 500 but TD ain't; pick a US bank mebbe
The 'Uhoh I Forgot To Give It A Clever Name' Fund (uhoh): If COF is Capital One Financial, you're mixing Canadian and US; if it's Coventree, it's not in the TSX Composite
Opulent Financial (augustabound): Neither COF nor RGL are TSX Composite
Pharyngula (sayhey): DFE not TSX Composite
1st Crystal Ball Hedge Fund (OptsyEagle): Gannett is fine, ACAS is not S&P 500
We Put the 'Fun' in 'Hedge Fund'" Hedge Fund (arnyk): ORV not TSX Composite, AWI doesn't exist?
The John Law Memorial Hedge Fund (ghariton): DML not TSX Composite
Two-and-Trendy Head(ge) Games (couponstrip): AEI not TSX Composite
Oracle of Oro Fund (jeebuz): BRK.A not S&P 500
Banzai Bull Fund (Mike Schimek): SVC, XMC not TSX Composite

Don't know what's in the TSX Composite? Look here.
Don't know what's in the S&P 500? Look here.
Last edited by Norbert Schlenker on 02 Jan 2009 03:21, edited 1 time in total.
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Postby Mike Schimek » 02 Jan 2009 03:17

I'll hop aboard if still possible -)

The "Banzai Bull Fund"

I'll go long:

Sandvine (SVC) - 0.81
XCeed Mortgage (XMC) - 0.80

Hmm dunno much about shorting but these two might be losers;

Nortel (NT) - 0.32
H&R Real Estate (HR.UN) - 7.45
Research until your head hurts then scream Banzai!!! and charge fearlessly to victory or death!
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Postby travesty » 02 Jan 2009 03:37

Long:

INTC
BAC

Short:

INTU
JAVA
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Postby Inquisitive » 02 Jan 2009 03:53

Oh goodie, another chance to make a fool of self.


The Crapshoot Cafe Casino Fund

Long
UUU
LIF.UN

Short
MG.A
BPO

But if Dan and Norm are to have their arms twisted, who will twist Norbert's ( not to mention the arms of the other Founders)?

Inq
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Postby ghariton » 02 Jan 2009 04:23

Norbert Schlenker wrote:The John Law Memorial Hedge Fund (ghariton): DML not TSX Composite


It's that trashy, huh?

Okay, I'll substitute CCO for DML. That makes me

Long: OPC, CCO

Short: NT, BCE

Thanks

George
The plural of anecdote is NOT data.

In God we trust, all others bring data (William Edwards Deming)
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Postby bindexit » 02 Jan 2009 04:34

Fund name: Take Your Money and Run ... with Madoff Fund

Long:
-Sherritt (S)
-Petro Canada (PCA)

Short:
-Harvest Energy Trust (HTE.UN)
-Metro (MRU.A)
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Postby augustabound » 02 Jan 2009 07:11

Norbert Schlenker wrote:Opulent Financial (augustabound): Neither COF nor RGL are TSX Composite


Woops, sorry. I just did quick filter and they came up with the "T" for the index.

Change my shorts to
Barrick Gold ABK - TSX
Richie Brother Auctioneers - TSX
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Postby Serdic » 02 Jan 2009 07:47

Fix-ed

Name: Once Uponzi Time Fund

Long: Ford, COSTco
Short: GOOGle, GS
End Transmission.
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Postby arnyk » 02 Jan 2009 07:54

I pick IDG-T and GLN-T instead.
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Postby brad911 » 02 Jan 2009 08:15

brad911 wrote:Fund Name: Double Tightloose Updown Hedgie Madoffwitheverything Fund

Long: NAL.UN & SU
Short: BVF & BMO (risky)
Triage Investing Blog - A Source for Value & Dividend Investing and Business Fundamentals
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Postby kcowan » 02 Jan 2009 08:51

Name: Craps Shoot
Long: cos, pgf
Short: cm, mfc
For the fun of it...Keith - My Profile - Mi casa es su casa
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Postby OptsyEagle » 02 Jan 2009 09:06

1st Crystall Ball Hedge: revised for rules

Long:
BAC
ACAS
(ACAS is an S&P500 stock as far as I can see anyways. http://www2.standardandpoors.com/portal ... 0,0,0.html )

Short:
FDO
GCI
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Postby uhoh » 02 Jan 2009 09:19

Norbert Schlenker wrote:The 'Uhoh I Forgot To Give It A Clever Name' Fund (uhoh): If COF is Capital One Financial, you're mixing Canadian and US; if it's Coventree, it's not in the TSX Composite


:oops:

It was Coventree.

globeinvestor lists it as COF-T so i assumed it was ok. And actually, the TSX website seems to have it on the Toronto exchange - but I'll keep looking cuz frankly, i'm not really confident of my knowledge of the tsx :(

if i must replace it, i'll do so with allied nevada gold - that's on the TSX site too.
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Postby cycle » 02 Jan 2009 09:58

Security Through Obscurity Fund

"A fund for carrying out an undertaking of great advantage, but nobody to know what it is."

Long: CFP.T, WFT.T
Short: POT.T, TIM.T
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Postby cycle » 02 Jan 2009 10:07

Whoa, just found out that TIM was removed from the index last month. I'd still love to use it, otherwise please switch to TCK.B
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Postby NormR » 02 Jan 2009 11:18

cycle wrote:Whoa, just found out that TIM was removed from the index last month. I'd still love to use it, otherwise please switch to TCK.B


:?: TIM is still in the Composite, at least according to globeinvestor.com.
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Postby uhoh » 02 Jan 2009 11:21

NormR wrote:
cycle wrote:Whoa, just found out that TIM was removed from the index last month. I'd still love to use it, otherwise please switch to TCK.B


:?: TIM is still in the Composite, at least according to globeinvestor.com.


do you show that COF is?
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Postby NormR » 02 Jan 2009 11:25

bubbalouie wrote:normr: just curious if yer going to muster up the courage to choose some picks this year; your picks in CB show you're mortal just like the rest of us plebes; c'mon, we won't laugh at you; what have you got to lose.


Ah, alas, I'm too late for the festivities. Caught napping again :wink:
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